CWC Energy Services (CVE:CWC) Shares Pass Below 200 Day Moving Average – Should You Sell?

CWC Energy Services Corp. (CVE:CWCGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.16 and traded as low as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares changing hands.

CWC Energy Services Price Performance

The company has a debt-to-equity ratio of 19.34, a quick ratio of 3.31 and a current ratio of 2.53. The stock has a market capitalization of C$82.80 million, a PE ratio of 2.00 and a beta of 1.78. The company’s fifty day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16.

About CWC Energy Services

(Get Free Report)

CWC Energy Services Corp., operates as a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and related equipment and services.

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