High Arctic Energy Services (TSE:HWO) Stock Price Crosses Above Two Hundred Day Moving Average of $1.22

High Arctic Energy Services Inc (TSE:HWO) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.22 and traded as high as C$1.54. High Arctic Energy Services shares last traded at C$1.54, with a volume of 5,280 shares changing hands.

High Arctic Energy Services Price Performance

The company has a current ratio of 4.62, a quick ratio of 4.54 and a debt-to-equity ratio of 5.89. The firm has a market cap of C$75.64 million, a P/E ratio of -6.16 and a beta of 1.97. The firm has a 50-day simple moving average of C$1.42 and a 200-day simple moving average of C$1.22.

High Arctic Energy Services (TSE:HWO) last announced its earnings results on Thursday, May 16th. The company reported C$0.07 earnings per share (EPS) for the quarter. The business had revenue of C$18.01 million for the quarter. High Arctic Energy Services had a negative return on equity of 7.99% and a negative net margin of 12.66%. As a group, analysts forecast that High Arctic Energy Services Inc will post -0.01 EPS for the current year.

Insider Transactions at High Arctic Energy Services

In other High Arctic Energy Services news, Senior Officer Lonn Bate acquired 20,000 shares of the stock in a transaction dated Friday, June 14th. The stock was purchased at an average price of C$1.51 per share, with a total value of C$30,200.00. Insiders own 50.67% of the company’s stock.

High Arctic Energy Services Company Profile

High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.