Western Energy Services (OTCMKTS:WEEEF) Shares Down 1%

Western Energy Services Corp. (OTCMKTS:WEEEF)’s share price was down 1% on Monday . The company traded as low as $1.99 and last traded at $1.99. Approximately 100 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 833 shares. The stock had previously closed at $2.01.

Western Energy Services Stock Performance

The stock has a 50 day simple moving average of $1.98 and a two-hundred day simple moving average of $2.07. The company has a market capitalization of $67.35 million, a price-to-earnings ratio of -9.48 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.66 and a quick ratio of 1.66.

Western Energy Services (OTCMKTS:WEEEF) last issued its earnings results on Tuesday, April 23rd. The company reported $0.03 earnings per share for the quarter. The business had revenue of $45.98 million for the quarter. Western Energy Services had a negative return on equity of 3.33% and a negative net margin of 4.61%.

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.