High Arctic Energy Services (TSE:HWO) Sets New 1-Year High – Here’s Why

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$1.15 and last traded at C$1.15, with a volume of 1693 shares changing hands. The stock had previously closed at C$1.13.

High Arctic Energy Services Trading Up 1.8%

The business has a 50-day moving average of C$0.94 and a two-hundred day moving average of C$0.89. The company has a quick ratio of 4.54, a current ratio of 2.43 and a debt-to-equity ratio of 17.81. The firm has a market capitalization of C$14.60 million, a price-to-earnings ratio of 8.85 and a beta of 0.18.

High Arctic Energy Services Company Profile

(Get Free Report)

High Arctic is an energy services provider. High Arctic provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment ¿on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta¿.

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