Western Energy Services (TSE:WRG) Trading Up 14.3%

Shares of Western Energy Services Corp. (TSE:WRGGet Rating) were up 14.3% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 482,193 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 1,817,080 shares. The stock had previously closed at C$0.04.

Western Energy Services Trading Down 4.3 %

The stock has a market capitalization of C$136.03 million and a PE ratio of -10.92. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 42.36. The stock has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.21.

Western Energy Services (TSE:WRGGet Rating) last released its quarterly earnings results on Thursday, May 5th. The company reported C($0.04) earnings per share (EPS) for the quarter. The firm had revenue of C$50.48 million during the quarter. Sell-side analysts expect that Western Energy Services Corp. will post -0.33 earnings per share for the current year.

About Western Energy Services

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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 oilfield rental equipment services to other oilfield service companies.

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