CWC Energy Services (CVE:CWC) Stock Price Down 5.9% – Here’s Why

CWC Energy Services Corp. (CVE:CWCGet Free Report)’s share price fell 5.9% on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16. 41,277 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 95,439 shares. The stock had previously closed at C$0.17.

CWC Energy Services Price Performance

The firm has a market capitalization of C$82.80 million, a PE ratio of 2.00 and a beta of 1.78. The business’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.16. The company has a debt-to-equity ratio of 19.34, a quick ratio of 3.31 and a current ratio of 2.53.

About CWC Energy Services

(Get Free Report)

CWC Energy Services Corp., operates as a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and related equipment and services.

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