Shares of Western Energy Services Corp. (OTCMKTS:WEEEF – Get Free Report) dropped 2% during trading on Monday . The stock traded as low as $2.2550 and last traded at $2.2550. Approximately 1,500 shares were traded during trading, an increase of 2,071% from the average daily volume of 69 shares. The stock had previously closed at $2.2999.
Western Energy Services Price Performance
The company has a debt-to-equity ratio of 0.32, a current ratio of 1.66 and a quick ratio of 1.66. The company’s 50-day simple moving average is $2.09 and its 200 day simple moving average is $1.73. The firm has a market cap of $76.33 million, a P/E ratio of -4.10 and a beta of 0.34.
Western Energy Services (OTCMKTS:WEEEF – Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $999.00 EPS for the quarter. Western Energy Services had a negative net margin of 11.90% and a negative return on equity of 0.22%. The business had revenue of $41.93 million during the quarter.
Western Energy Services Company Profile
Western Energy Services Corp (OTCMKTS:WEEEF) is a Calgary-based oilfield services company that offers well servicing and equipment rental solutions to upstream oil and gas operators. The company’s primary service lines include routine well servicing, snubbing and workover operations, and coiled tubing. Western Energy Services operates a fleet of well servicing rigs, snubbing units, and specialized rental equipment, such as compressor trucks and fracturing support equipment.
In its well servicing segment, the company provides mechanical maintenance, well intervention and completion support, including acidizing, nitrogen and hydraulic fracturing support services.
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