Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Buys 6,400 Shares

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan purchased 6,400 shares of the stock in a transaction that occurred on Monday, June 23rd. The stock was purchased at an average price of C$2.05 per share, with a total value of C$13,120.00.

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

• On Friday, June 20th, Sime Armoyan purchased 2,500 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.05 per share, for a total transaction of C$5,125.00.
• On Thursday, June 19th, Sime Armoyan acquired 1,600 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.05 per share, with a total value of C$3,280.00.
• On Thursday, June 5th, Sime Armoyan acquired 100 shares of Western Energy Services stock. The stock was acquired at an average cost of C$2.05 per share, with a total value of C$205.00.
• On Monday, June 2nd, Sime Armoyan bought 800 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.05 per share, for a total transaction of C$1,640.00.
• On Saturday, May 3rd, Sime Armoyan purchased 2,500 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.05 per share, with a total value of C$5,125.00.
• On Monday, April 28th, Sime Armoyan purchased 4,000 shares of Western Energy Services stock. The stock was acquired at an average cost of C$2.10 per share, with a total value of C$8,400.00.
• On Monday, April 21st, Sime Armoyan acquired 100 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.10 per share, for a total transaction of C$210.00.
• On Tuesday, April 15th, Sime Armoyan bought 100 shares of Western Energy Services stock. The shares were bought at an average price of C$2.10 per share, with a total value of C$210.00.
• On Thursday, April 10th, Sime Armoyan purchased 1,000 shares of Western Energy Services stock. The stock was bought at an average price of C$2.10 per share, for a total transaction of C$2,100.00.
• On Tuesday, April 8th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.10 per share, with a total value of C$420.00.

Western Energy Services Stock Up 10.2%

Shares of Western Energy Services stock traded up C$0.21 on Friday, reaching C$2.26. The stock had a trading volume of 230 shares, compared to its average volume of 8,410. 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 stock has a market capitalization of C$76.48 million, a P/E ratio of -10.76, a P/E/G ratio of 0.09 and a beta of 1.49. The company has a 50 day moving average price of C$2.12 and a 200 day moving average price of C$2.33. Western Energy Services Corp. has a 1 year low of C$1.85 and a 1 year high of C$3.31.

Analyst Ratings Changes

Separately, ATB Capital dropped their price objective on Western Energy Services from C$3.25 to C$2.75 and set a "sector perform" rating on the stock in a research report on Monday, May 5th.

About Western Energy Services

Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.