Western Energy Services (OTCMKTS:WEEEF) Stock Price Down 0.5%

Western Energy Services Corp. (OTCMKTS:WEEEF)’s share price fell 0.5% during mid-day trading on Wednesday . The stock traded as low as $2.01 and last traded at $2.01. 400 shares changed hands during trading, a decline of 52% from the average session volume of 833 shares. The stock had previously closed at $2.02.

Western Energy Services Price Performance

The company has a fifty day moving average of $1.98 and a 200-day moving average of $2.21. The firm has a market cap of $68.02 million, a P/E ratio of -13.40 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.48 and a quick ratio of 1.48.

Western Energy Services (OTCMKTS:WEEEF) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter. Western Energy Services had a negative return on equity of 2.37% and a negative net margin of 3.08%. The company had revenue of $41.33 million for the quarter.

Western Energy Services Company Profile

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.