Western Energy Services (OTCMKTS:WEEEF) Stock Price Up 1% – What’s Next?

Shares of Western Energy Services Corp. (OTCMKTS:WEEEF) were up 1% on Thursday . The stock traded as high as $1.89 and last traded at $1.89. Approximately 615 shares changed hands during trading, a decline of 75% from the average daily volume of 2,459 shares. The stock had previously closed at $1.87.

Western Energy Services Price Performance

The business has a 50-day moving average price of $1.88 and a 200-day moving average price of $2.00. The stock has a market cap of $63.89 million, a PE ratio of -12.59 and a beta of 0.84. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.35.

Western Energy Services (OTCMKTS:WEEEF) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. Western Energy Services had a negative net margin of 3.19% and a negative return on equity of 2.37%. The company had revenue of $42.77 million for 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.