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

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan purchased 6,400 shares of Western Energy Services stock in a transaction that occurred on Monday, June 23rd. The shares were bought 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 stock was purchased at an average cost of C$2.05 per share, with a total value of C$5,125.00.
• On Thursday, June 19th, Sime Armoyan purchased 1,600 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.05 per share, with a total value of C$3,280.00.
• On Thursday, June 5th, Sime Armoyan purchased 100 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.05 per share, with a total value of C$205.00.
• On Monday, June 2nd, Sime Armoyan purchased 800 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.05 per share, with a total value of C$1,640.00.
• On Saturday, May 3rd, Sime Armoyan purchased 2,500 shares of Western Energy Services stock. The stock was purchased at an average cost 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 purchased 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 bought at an average cost of C$2.10 per share, with a total value of C$210.00.
• On Tuesday, April 15th, Sime Armoyan acquired 100 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.10 per share, with a total value of C$210.00.
• On Thursday, April 10th, Sime Armoyan acquired 1,000 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.10 per share, with a total value of C$2,100.00.
• On Tuesday, April 8th, Sime Armoyan acquired 200 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.10 per share, with a total value of C$420.00.

Western Energy Services Price Performance

WRG stock remained flat at C$2.05 during midday trading on Wednesday. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82. Western Energy Services Corp. has a 52 week low of C$1.85 and a 52 week high of C$3.31. The stock has a market capitalization of C$69.37 million, a P/E ratio of -9.76, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. The business has a fifty day moving average price of C$2.12 and a two-hundred day moving average price of C$2.33.

Wall Street Analysts Forecast Growth

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

Western Energy Services Company Profile

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.