Free Trial

Western Energy Services (TSE:WRG) Stock Passes Below Fifty Day Moving Average - Here's What Happened

Western Energy Services logo with Energy background

Shares of Western Energy Services Corp. (TSE:WRG - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.77 and traded as low as C$2.52. Western Energy Services shares last traded at C$2.73, with a volume of 1,000 shares changing hands.

Western Energy Services Price Performance

The company has a 50 day simple moving average of C$2.76 and a 200 day simple moving average of C$2.80. The company has a market capitalization of C$92.38 million, a price-to-earnings ratio of -13.00, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49.

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.

Recommended Stories

Should you invest $1,000 in Western Energy Services right now?

Before you consider Western Energy Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Western Energy Services wasn't on the list.

While Western Energy Services currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

'Best Report in 2 Years': NVIDIA Earnings Crushes Expectations Again

'Best Report in 2 Years': NVIDIA Earnings Crushes Expectations Again

With revenue growth nearing 95%, margins widening, and earnings soaring 111%, this might be NVIDIA's most impressive performance yet.

Related Videos

How to Profit from NVIDIA’s Earnings: Short-Term Trading Guide
NVIDIA Nears All-Time Highs: How High Can This AI Leader Climb?
What the Bulls and Bears Are Saying About NVIDIA Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines