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Western Energy Services (TSE:WRG) Stock Price Down 2.7% - Time to Sell?

Western Energy Services logo with Energy background

Western Energy Services Corp. (TSE:WRG - Get Free Report)'s stock price traded down 2.7% on Tuesday . The stock traded as low as C$2.50 and last traded at C$2.50. 2,925 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 16,847 shares. The stock had previously closed at C$2.57.

Western Energy Services Stock Down 2.7 %

The firm's 50 day moving average price is C$2.70 and its two-hundred day moving average price is C$2.79. The company has a market cap of C$84.60 million, a P/E ratio of -11.90, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82.

Western Energy Services Company Profile

(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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