Western Energy Services (OTCMKTS:WEEEF) Trading Down 0.8% – Should You Sell?

Western Energy Services Corp. (OTCMKTS:WEEEF)’s stock price was down 0.8% during trading on Wednesday . The company traded as low as $1.5001 and last traded at $1.5080. Approximately 3,596 shares changed hands during trading, an increase of 12,789% from the average daily volume of 28 shares. The stock had previously closed at $1.52.

Western Energy Services Stock Down 0.8%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market capitalization of $51.03 million, a P/E ratio of -10.77 and a beta of 0.55. The stock has a fifty day moving average price of $1.49 and a two-hundred day moving average price of $1.54.

Western Energy Services (OTCMKTS:WEEEF) last announced its quarterly earnings data on Tuesday, October 21st. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $36.33 million for the quarter. Western Energy Services had a negative return on equity of 2.24% and a negative net margin of 3.02%.

Western Energy Services Company Profile

Western Energy Services Corp (OTCMKTS:WEEEF) is a Calgary-based oilfield services company that offers well servicing and equipment rental solutions to upstream oil and gas operators. The company’s primary service lines include routine well servicing, snubbing and workover operations, and coiled tubing. Western Energy Services operates a fleet of well servicing rigs, snubbing units, and specialized rental equipment, such as compressor trucks and fracturing support equipment.

In its well servicing segment, the company provides mechanical maintenance, well intervention and completion support, including acidizing, nitrogen and hydraulic fracturing support services.