Western Energy Services (TSE:WRG) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Western Energy Services Corp. (TSE:WRG) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.77 and traded as low as C$2.52. Western Energy Services shares last traded at C$2.73, with a volume of 1,000 shares traded.

Western Energy Services Trading Up 5.0 %

The company’s fifty day moving average price is C$2.76 and its two-hundred day moving average price is C$2.80. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. The firm has a market cap of C$92.38 million, a P/E ratio of -13.00, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49.

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.