High Arctic Energy Services Inc (TSE:HWO – Get Free Report)’s share price shot up 10% during mid-day trading on Tuesday. The company traded as high as C$1.21 and last traded at C$1.21. 1,345 shares traded hands during trading, a decline of 83% from the average daily volume of 7,750 shares. The stock had previously closed at C$1.10.
High Arctic Energy Services Price Performance
The company has a debt-to-equity ratio of 17.81, a current ratio of 2.43 and a quick ratio of 4.54. The firm has a market capitalization of C$15.36 million, a price-to-earnings ratio of 9.31 and a beta of -0.17. The business’s fifty day simple moving average is C$1.13 and its 200 day simple moving average is C$0.94.
About High Arctic Energy Services
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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