Western Energy Services (OTCMKTS:WEEEF) Trading Up 1% – Time to Buy?

Western Energy Services Corp. (OTCMKTS:WEEEF) shares traded up 1% during trading on Thursday . The company traded as high as $1.89 and last traded at $1.89. 615 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 2,459 shares. The stock had previously closed at $1.87.

Western Energy Services Stock Performance

The company has a market cap of $63.89 million, a price-to-earnings ratio of -12.59 and a beta of 0.84. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.59 and a current ratio of 1.59. The company has a fifty day moving average of $1.88 and a two-hundred day moving average of $2.00.

Western Energy Services (OTCMKTS:WEEEF) last announced its quarterly earnings results on Tuesday, October 29th. The company reported ($0.03) EPS for the quarter. Western Energy Services had a negative net margin of 3.19% and a negative return on equity of 2.37%. The firm had revenue of $42.77 million for the quarter.

About Western Energy Services

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.