Western Energy Services Corp. (TSE:WRG - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.58 and traded as low as C$2.20. Western Energy Services shares last traded at C$2.24, with a volume of 1,900 shares changing hands.
Wall Street Analysts Forecast Growth
A number of analysts have commented on WRG shares. ATB Capital set a C$3.25 price objective on Western Energy Services and gave the stock a "sector perform" rating in a research report on Wednesday, January 15th. Atb Cap Markets raised Western Energy Services to a "hold" rating in a research report on Wednesday, January 15th.
Get Our Latest Research Report on Western Energy Services
Western Energy Services Trading Down 3.2 %
The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46. The business's 50 day simple moving average is C$2.34 and its 200 day simple moving average is C$2.57. The stock has a market cap of C$71.06 million, a P/E ratio of -10.00, a PEG ratio of 0.09 and a beta of 1.49.
Insider Buying and Selling at Western Energy Services
In other Western Energy Services news, insider Sime Armoyan acquired 25,000 shares of Western Energy Services stock in a transaction on Tuesday, February 18th. The shares were bought at an average price of C$2.40 per share, with a total value of C$60,000.00. Insiders have purchased 181,900 shares of company stock worth $409,385 over the last three months. Company insiders own 32.65% of the company's stock.
Western Energy Services Company Profile
(
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Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.
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