High Arctic Energy Services (TSE:HWO) Share Price Passes Below Two Hundred Day Moving Average of $1.25

High Arctic Energy Services Inc (TSE:HWO) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.25 and traded as low as C$1.12. High Arctic Energy Services shares last traded at C$1.14, with a volume of 3,301 shares changing hands.

High Arctic Energy Services Trading Down 0.9 %

The firm has a market cap of C$55.48 million, a price-to-earnings ratio of -3.93 and a beta of 2.07. The company has a fifty day moving average price of C$1.26 and a 200-day moving average price of C$1.25. The company has a current ratio of 5.96, a quick ratio of 4.54 and a debt-to-equity ratio of 5.31.

High Arctic Energy Services Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a $0.005 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.06 annualized dividend and a dividend yield of 5.26%. High Arctic Energy Services’s dividend payout ratio (DPR) is presently -20.69%.

About High Arctic Energy Services

High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.