Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Acquires 5,800 Shares

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan acquired 5,800 shares of Western Energy Services stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of C$2.65 per share, with a total value of C$15,370.00.

Sime Armoyan also recently made the following trade(s):

• On Tuesday, July 9th, Sime Armoyan bought 3,600 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.65 per share, for a total transaction of C$9,537.84.

Western Energy Services Stock Performance

Shares of TSE WRG traded down C$0.18 during mid-day trading on Friday, hitting C$2.70. 7,640 shares of the company were exchanged, compared to its average volume of 22,289. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. The firm has a market cap of C$91.37 million, a price-to-earnings ratio of -12.86, a price-to-earnings-growth ratio of 0.09 and a beta of 1.52. The stock has a 50 day simple moving average of C$2.96 and a 200-day simple moving average of C$2.82. Western Energy Services Corp. has a 1-year low of C$2.40 and a 1-year high of C$3.95.

Western Energy Services (TSE:WRG) last issued its earnings results on Tuesday, July 23rd. The company reported C($0.15) earnings per share for the quarter. The firm had revenue of C$43.03 million during the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%. On average, sell-side analysts forecast that Western Energy Services Corp. will post 0.1499094 EPS for the current fiscal year.

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.