High Arctic Energy Services, Inc. (TSE:HWO) Director Steven R. Vasey sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, June 11th. The stock was sold at an average price of C$4.00, for a total value of C$34,000.00.

Shares of HWO stock opened at C$3.89 on Monday. High Arctic Energy Services, Inc. has a fifty-two week low of C$3.61 and a fifty-two week high of C$4.66.

High Arctic Energy Services (TSE:HWO) last announced its quarterly earnings data on Thursday, May 10th. The company reported C$0.08 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.08. High Arctic Energy Services had a return on equity of 4.87% and a net margin of 6.54%. The firm had revenue of C$53.70 million during the quarter, compared to the consensus estimate of C$52.80 million.

Several analysts have issued reports on the company. National Bank Financial cut their target price on High Arctic Energy Services from C$5.25 to C$4.50 and set a “sector perform” rating for the company in a research note on Monday, March 12th. AltaCorp Capital reaffirmed a “sector perform” rating on shares of High Arctic Energy Services in a research note on Monday, May 14th.

About High Arctic Energy Services

High Arctic Energy Services Inc provides oilfield services in Canada and Papua New Guinea. The company operates through Drilling Services, Production Services, and Ancillary Services segments. It offers snubbing services, including foothills stand alone, stand alone, and rig assist units; nitrogen transport and pumping services; and service rigs.

Receive News & Ratings for High Arctic Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Arctic Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.