Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Purchases 27,100 Shares of Stock

Western Energy Services Corp. (TSE:WRGGet Free Report) insider Sime Armoyan purchased 27,100 shares of Western Energy Services stock in a transaction dated Tuesday, April 2nd. The shares were acquired at an average cost of C$2.75 per share, for a total transaction of C$74,525.00.

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

  • On Thursday, March 21st, Sime Armoyan purchased 63,300 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.75 per share, for a total transaction of C$174,068.67.
  • On Monday, March 18th, Sime Armoyan purchased 21,200 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.75 per share, for a total transaction of C$58,300.00.
  • On Thursday, March 14th, Sime Armoyan purchased 62,400 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.75 per share, for a total transaction of C$171,600.00.
  • On Friday, March 1st, Sime Armoyan acquired 698,700 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.60 per share, for a total transaction of C$1,816,340.52.

Western Energy Services Price Performance

Shares of WRG opened at C$2.75 on Thursday. The firm has a market capitalization of C$93.06 million, a PE ratio of -13.75, a price-to-earnings-growth ratio of 0.09 and a beta of 1.60. The company has a debt-to-equity ratio of 38.97, a current ratio of 1.66 and a quick ratio of 1.46. Western Energy Services Corp. has a 1-year low of C$2.20 and a 1-year high of C$3.95. The company’s fifty day moving average price is C$2.68 and its 200-day moving average price is C$2.97.

Western Energy Services (TSE:WRGGet Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C($0.06) earnings per share for the quarter. The company had revenue of C$56.26 million for the quarter, compared to analysts’ expectations of C$55.00 million. Western Energy Services had a negative net margin of 3.09% and a negative return on equity of 2.30%. On average, equities research analysts predict that Western Energy Services Corp. will post 0.1499094 EPS for the current year.

Analyst Ratings Changes

Separately, Stifel Nicolaus dropped their price objective on shares of Western Energy Services from C$3.25 to C$3.00 and set a “hold” rating on the stock in a report on Wednesday, January 10th.

View Our Latest Analysis on WRG

Western Energy Services Company Profile

(Get Free Report)

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.

Further Reading

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