Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Acquires 5,800 Shares

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan bought 5,800 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was acquired at an average cost of C$2.65 per share, for a total transaction of C$15,370.00.

Sime Armoyan also recently made the following trade(s):

• On Tuesday, July 9th, Sime Armoyan acquired 3,600 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.65 per share, with a total value of C$9,537.84.

Western Energy Services Stock Down 6.2 %

Shares of TSE WRG traded down C$0.18 during midday trading on Friday, hitting C$2.70. 7,640 shares of the company’s stock were exchanged, compared to its average volume of 22,289. The firm’s fifty day simple moving average is C$2.96 and its 200-day simple moving average is C$2.82. The company has a market cap of C$91.37 million, a PE ratio of -12.86, a P/E/G ratio of 0.09 and a beta of 1.52. Western Energy Services Corp. has a twelve month low of C$2.40 and a twelve month high of C$3.95. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46.

Western Energy Services (TSE:WRG) last released its quarterly earnings data on Tuesday, July 23rd. The company reported C($0.15) earnings per share for the quarter. Western Energy Services had a negative return on equity of 2.40% and a negative net margin of 3.45%. The company had revenue of C$43.03 million for the quarter. Research analysts predict that Western Energy Services Corp. will post 0.1499094 EPS for the current fiscal year.

Western Energy Services Company Profile

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.