High Arctic Energy Services (TSE:HWO) Stock Passes Above 200-Day Moving Average of $1.12

High Arctic Energy Services Inc (TSE:HWO) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.12 and traded as high as C$1.35. High Arctic Energy Services shares last traded at C$1.31, with a volume of 100,519 shares.

High Arctic Energy Services Trading Down 2.2 %

The company has a 50 day moving average of C$1.12 and a 200-day moving average of C$1.12. The company has a debt-to-equity ratio of 5.69, a quick ratio of 4.54 and a current ratio of 5.62. The stock has a market cap of C$64.35 million, a price-to-earnings ratio of -2.62 and a beta of 1.97.

High Arctic Energy Services (TSE:HWO) last posted its earnings results on Monday, April 8th. The company reported C$0.06 earnings per share (EPS) for the quarter. High Arctic Energy Services had a negative return on equity of 22.67% and a negative net margin of 42.67%. The firm had revenue of C$18.11 million for the quarter. On average, research analysts anticipate that High Arctic Energy Services Inc will post -0.01 earnings per share for the current year.

High Arctic Energy Services Company Profile

High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.