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Western Energy Services (OTCMKTS:WEEEF) Trading 0.7% Higher - Still a Buy?

Western Energy Services logo with Energy background

Western Energy Services Corp. (OTCMKTS:WEEEF - Get Free Report)'s stock price traded up 0.7% on Monday . The stock traded as high as $1.55 and last traded at $1.51. 7,460 shares changed hands during trading, an increase of 153% from the average session volume of 2,947 shares. The stock had previously closed at $1.50.

Western Energy Services Price Performance

The company has a 50 day moving average price of $1.49 and a 200-day moving average price of $1.75. The company has a market cap of $50.76 million, a price-to-earnings ratio of -10.00 and a beta of 0.73. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.35.

Western Energy Services (OTCMKTS:WEEEF - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $48.07 million during the quarter. Western Energy Services had a negative net margin of 3.19% and a negative return on equity of 2.37%.

About Western Energy Services

(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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