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Western Energy Services (TSE:WRG) Given a C$3.25 Price Target by ATB Capital Analysts

Western Energy Services logo with Energy background

Western Energy Services (TSE:WRG - Get Free Report) has been given a C$3.25 price objective by ATB Capital in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock. ATB Capital's target price suggests a potential upside of 17.33% from the stock's current price.

Western Energy Services Trading Up 3.0 %

Shares of WRG stock traded up C$0.08 on Wednesday, reaching C$2.77. The company had a trading volume of 257 shares, compared to its average volume of 2,265. The stock has a market cap of C$93.74 million, a PE ratio of -13.19, a PEG ratio of 0.09 and a beta of 1.49. The company has a 50-day moving average of C$2.66 and a 200-day moving average of C$2.79. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. Western Energy Services has a 12 month low of C$2.43 and a 12 month high of C$3.31.

About Western Energy Services

(Get Free Report)

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.

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