Western Energy Services (TSE:WRG) Trading 14.3% Higher

Western Energy Services Corp. (TSE:WRGGet Rating) shares traded up 14.3% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 482,193 shares were traded during mid-day trading, a decline of 73% from the average session volume of 1,817,080 shares. The stock had previously closed at C$0.04.

Western Energy Services Trading Down 4.3 %

The company has a market cap of C$136.03 million and a PE ratio of -10.92. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 42.36. The stock has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.21.

Western Energy Services (TSE:WRGGet Rating) last released its earnings results on Thursday, May 5th. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$50.48 million during the quarter. Sell-side analysts predict that Western Energy Services Corp. will post -0.33 EPS for the current fiscal year.

About Western Energy Services

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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 oilfield rental equipment services to other oilfield service companies.

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