Western Energy Services (OTCMKTS:WEEEF) Trading Down 1.8% - Time to Sell?

Shares of Western Energy Services Corp. (OTCMKTS:WEEEF - Get Free Report) were down 1.8% during mid-day trading on Friday . The stock traded as low as $1.56 and last traded at $1.56. Approximately 1,700 shares changed hands during mid-day trading, an increase of 461% from the average daily volume of 303 shares. The stock had previously closed at $1.59.

Western Energy Services Stock Down 1.8%

The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.36. The firm's fifty day moving average price is $1.54 and its 200-day moving average price is $1.65. The company has a market cap of $52.86 million, a price-to-earnings ratio of -12.02 and a beta of 0.56.

Western Energy Services (OTCMKTS:WEEEF - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The company reported $0.05 earnings per share (EPS) for the quarter. Western Energy Services had a negative return on equity of 2.06% and a negative net margin of 2.66%. The firm had revenue of $48.07 million during the quarter.

About Western Energy Services

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.