Western Energy Services (TSE:WRG) Shares Down 2.7% – Should You Sell?

Western Energy Services Corp. (TSE:WRG) shares were down 2.7% on Tuesday . The stock traded as low as C$2.50 and last traded at C$2.50. Approximately 2,925 shares changed hands during trading, a decline of 83% from the average daily volume of 16,847 shares. The stock had previously closed at C$2.57.

Western Energy Services Stock Down 2.7 %

The stock’s fifty day moving average price is C$2.70 and its 200-day moving average price is C$2.79. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. The company has a market capitalization of C$84.60 million, a price-to-earnings ratio of -11.90, a P/E/G ratio of 0.09 and a beta of 1.49.

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.