Western Energy Services (TSE:WRG) Stock Price Down 2.7% – Should You Sell?

Shares of Western Energy Services Corp. (TSE:WRG) dropped 2.7% during trading on Tuesday . The company traded as low as C$2.50 and last traded at C$2.50. Approximately 2,925 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 16,847 shares. The stock had previously closed at C$2.57.

Western Energy Services Trading Down 2.7 %

The company has a market cap of C$84.60 million, a P/E ratio of -11.90, a P/E/G ratio of 0.09 and a beta of 1.49. The business’s 50-day moving average price is C$2.70 and its 200 day moving average price is C$2.79. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82.

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.