High Arctic Energy Services (TSE:HWO) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

High Arctic Energy Services Inc (TSE:HWO)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.86 and traded as high as C$0.88. High Arctic Energy Services shares last traded at C$0.88, with a volume of 12,001 shares trading hands.

High Arctic Energy Services Stock Up 3.5%

The company has a market cap of C$11.17 million, a price-to-earnings ratio of 8.00 and a beta of 0.10. The business has a fifty day moving average of C$0.87 and a two-hundred day moving average of C$0.86. The company has a current ratio of 2.50, a quick ratio of 4.54 and a debt-to-equity ratio of 18.34.

High Arctic Energy Services (TSE:HWO) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.07 EPS for the quarter. The company had revenue of C$2.73 million for the quarter. High Arctic Energy Services had a return on equity of 6.04% and a net margin of 12.06%. As a group, equities analysts anticipate that High Arctic Energy Services Inc will post -0.01 EPS for the current fiscal year.

High Arctic Energy Services Company Profile

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¿.