Sime Armoyan Acquires 13,100 Shares of Western Energy Services Corp. (TSE:WRG) Stock

Posted by Casey Walker on Feb 25th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan purchased 13,100 shares of Western Energy Services stock in a transaction dated Monday, February 24th. The shares were acquired at an average cost of C$2.35 per share, with a total value of C$30,785.00.

Sime Armoyan also recently made the following trade(s):

On Tuesday, February 18th, Sime Armoyan bought 25,000 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.40 per share, with a total value of C$60,000.00.
On Thursday, February 13th, Sime Armoyan purchased 25,800 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.50 per share, for a total transaction of C$64,500.00.
On Friday, February 7th, Sime Armoyan acquired 200 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.50 per share, with a total value of C$500.00.
On Wednesday, February 5th, Sime Armoyan bought 700 shares of Western Energy Services stock. The shares were bought at an average price of C$2.50 per share, for a total transaction of C$1,750.00.
On Monday, January 27th, Sime Armoyan purchased 6,300 shares of Western Energy Services stock. The stock was bought at an average price of C$2.50 per share, with a total value of C$15,750.00.
On Monday, December 30th, Sime Armoyan acquired 4,600 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$11,500.00.
On Friday, December 27th, Sime Armoyan bought 400 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.55 per share, with a total value of C$1,020.00.
On Friday, December 20th, Sime Armoyan purchased 400 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.55 per share, for a total transaction of C$1,020.00.
On Tuesday, December 17th, Sime Armoyan acquired 1,300 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.47 per share, with a total value of C$3,206.06.

Western Energy Services Price Performance

WRG traded down C$0.13 during trading on Tuesday, hitting C$2.35. 896 shares of the company traded hands, compared to its average volume of 5,286. The company has a market cap of C$79.52 million, a PE ratio of -11.19, a P/E/G ratio of 0.09 and a beta of 1.49. Western Energy Services Corp. has a 1 year low of C$2.35 and a 1 year high of C$3.31. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. The stock’s 50-day simple moving average is C$2.62 and its two-hundred day simple moving average is C$2.73.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Atb Cap Markets upgraded Western Energy Services to a “hold” rating in a research note on Wednesday, January 15th. ATB Capital set a C$3.25 target price on Western Energy Services and gave the company a “sector perform” rating in a research note on Wednesday, January 15th.

Check Out Our Latest Stock Report on Western Energy Services

Western Energy Services Company Profile

(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.