Western Energy Services (TSE:WRG) Stock Crosses Above 50 Day Moving Average of $1.98

Western Energy Services Corp. (TSE:WRGGet Rating) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.98 and traded as high as C$3.04. Western Energy Services shares last traded at C$3.04, with a volume of 6,083 shares changing hands.

Western Energy Services Stock Up 6.3 %

The company has a market capitalization of C$102.87 million and a PE ratio of 0.12. The company has a debt-to-equity ratio of 42.36, a current ratio of 1.38 and a quick ratio of 1.20. The company has a 50-day moving average of C$1.98 and a two-hundred day moving average of C$0.80.

Western Energy Services (TSE:WRGGet Rating) last announced its quarterly earnings data on Monday, July 25th. The company reported C($1.20) EPS for the quarter. The firm had revenue of C$30.59 million during the quarter. Sell-side analysts anticipate that Western Energy Services Corp. will post -0.33 earnings per share for the current fiscal 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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