Shares of High Arctic Energy Services Inc (TSE:HWO – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.84 and traded as high as C$0.91. High Arctic Energy Services shares last traded at C$0.91, with a volume of 2,000 shares.
High Arctic Energy Services Trading Down 3.3%
The business’s 50-day simple moving average is C$0.85 and its two-hundred day simple moving average is C$0.84. The company has a market capitalization of C$11.17 million, a PE ratio of -29.33 and a beta of -0.24. The company has a current ratio of 2.43, a quick ratio of 4.54 and a debt-to-equity ratio of 20.27.
High Arctic Energy Services Company Profile
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are Drilling Services segment which consists of the drilling services; Production Services segment which consists of the well servicing and snubbing services; Ancillary Services segment which provides rental equipment and engineering consulting to various companies within the oil and gas sector and Corporate segment.
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