Insider Buying: Western Energy Services Corp. (TSE:WRG) Insider Buys 5,800 Shares of Stock

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan acquired 5,800 shares of the stock in a transaction on Thursday, September 19th. The shares were acquired at an average price 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 bought 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 Price Performance

Shares of TSE WRG opened at C$2.70 on Friday. The stock has a market cap of C$91.37 million, a price-to-earnings ratio of -12.86, a PEG ratio of 0.09 and a beta of 1.52. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82. Western Energy Services Corp. has a fifty-two week low of C$2.40 and a fifty-two week high of C$3.95. The firm's 50-day simple moving average is C$2.96 and its 200 day simple moving average is C$2.82.

Western Energy Services (TSE:WRG - Get Free Report) last posted its earnings results on Tuesday, July 23rd. The company reported C($0.15) earnings per share for the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%. The company had revenue of C$43.03 million during the quarter. As a group, research analysts anticipate that Western Energy Services Corp. will post 0.1499094 earnings per share for the current fiscal year.

Western Energy Services Company Profile

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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.

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