CWC Energy Services (CVE:CWC) Stock Price Passes Below Two Hundred Day Moving Average of $0.23

CWC Energy Services Corp. (CVE:CWCGet Rating)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.23 and traded as low as C$0.23. CWC Energy Services shares last traded at C$0.23, with a volume of 500 shares traded.

CWC Energy Services Stock Down 2.2 %

The stock has a market cap of C$115.29 million and a price-to-earnings ratio of 5.63. The company has a current ratio of 3.35, a quick ratio of 3.31 and a debt-to-equity ratio of 28.30. The stock’s 50-day moving average price is C$0.23 and its 200-day moving average price is C$0.23.

CWC Energy Services (CVE:CWCGet Rating) last issued its quarterly earnings results on Friday, October 28th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$61.78 million during the quarter. On average, sell-side analysts expect that CWC Energy Services Corp. will post -0.0095745 earnings per share for the current year.

Insider Activity

In other news, Director Daryl George Austin sold 267,000 shares of CWC Energy Services stock in a transaction on Wednesday, November 30th. The shares were sold at an average price of C$0.24, for a total value of C$64,080.00. Following the completion of the sale, the director now owns 21,782,843 shares in the company, valued at approximately C$5,227,882.32. In other CWC Energy Services news, Senior Officer Stuart James King sold 148,500 shares of the business’s stock in a transaction on Monday, November 7th. The shares were sold at an average price of C$0.29, for a total transaction of C$42,322.50. Following the completion of the sale, the insider now owns 101,847 shares in the company, valued at approximately C$29,026.40. Also, Director Daryl George Austin sold 267,000 shares of the business’s stock in a transaction on Wednesday, November 30th. The shares were sold at an average price of C$0.24, for a total transaction of C$64,080.00. Following the sale, the director now owns 21,782,843 shares of the company’s stock, valued at approximately C$5,227,882.32. Insiders sold 914,000 shares of company stock worth $229,833 in the last quarter.

About CWC Energy Services

(Get Rating)

CWC Energy Services Corp., a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and equipment and related services.

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