CWC Energy Services (CVE:CWC) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

CWC Energy Services Corp. (CVE:CWCGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.16 and traded as low as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares.

CWC Energy Services Stock Down 5.9 %

The company has a quick ratio of 3.31, a current ratio of 2.53 and a debt-to-equity ratio of 19.34. The company has a market capitalization of C$82.80 million, a price-to-earnings ratio of 2.00 and a beta of 1.78. The business’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.16.

About CWC Energy Services

(Get Free Report)

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.

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