Western Energy Services (OTCMKTS:WEEEF) Shares Down 1.7% – Should You Sell?

Western Energy Services Corp. (OTCMKTS:WEEEF)’s share price fell 1.7% during mid-day trading on Friday . The stock traded as low as $1.70 and last traded at $1.70. 200 shares were traded during trading, a decline of 41% from the average session volume of 337 shares. The stock had previously closed at $1.73.

Western Energy Services Price Performance

The company has a market capitalization of $57.53 million, a price-to-earnings ratio of -13.08 and a beta of 0.56. The company has a 50-day moving average price of $1.59 and a 200-day moving average price of $1.64. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.89 and a current ratio of 1.89.

Western Energy Services (OTCMKTS:WEEEF) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $48.07 million during the quarter. Western Energy Services had a negative net margin of 2.66% and a negative return on equity of 2.06%.

About Western Energy Services

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.