CWC Energy Services (CVE:CWC) Shares Pass Below 200-Day Moving Average – Here’s What Happened

CWC Energy Services Corp. (CVE:CWCGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.16 and traded as low as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares.

CWC Energy Services Trading Down 5.9%

The company has a current ratio of 3.36, a quick ratio of 3.31 and a debt-to-equity ratio of 20.44. The stock has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.16. The firm has a market cap of C$82.81 million, a P/E ratio of 1.96 and a beta of 1.78.

CWC Energy Services Company Profile

(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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