CWC Energy Services (CVE:CWC) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

CWC Energy Services Corp. (CVE:CWC) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.16 and traded as high as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,276 shares changing hands.

CWC Energy Services Trading Down 5.9 %

The company has a debt-to-equity ratio of 19.34, a current ratio of 2.53 and a quick ratio of 3.31. The business’s 50-day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16. The stock has a market capitalization of C$82.80 million, a price-to-earnings ratio of 2.00 and a beta of 1.78.

CWC Energy Services Company Profile

CWC Energy Services Corp., operates as 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 related equipment and services.