Western Energy Services (OTCMKTS:WEEEF) Trading 2.6% Higher – Here’s What Happened

by · The Markets Daily

Western Energy Services Corp. (OTCMKTS:WEEEF – Get Free Report) was up 2.6% on Tuesday . The company traded as high as $1.5180 and last traded at $1.5180. Approximately 190 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 236 shares. The stock had previously closed at $1.48.

Western Energy Services Stock Performance

The stock’s 50 day moving average is $1.49 and its two-hundred day moving average is $1.55. The stock has a market capitalization of $51.37 million, a price-to-earnings ratio of -10.84 and a beta of 0.62. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.33.

Western Energy Services (OTCMKTS:WEEEF – Get Free Report) last issued its quarterly earnings results on Tuesday, October 21st. The company reported ($0.05) EPS for the quarter. The firm had revenue of $36.33 million during the quarter. Western Energy Services had a negative net margin of 3.02% and a negative return on equity of 2.24%.

Western Energy Services Company Profile

(Get Free Report)

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.

Featured Stories