High Arctic Energy Services Inc (TSE:HWO – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.84 and traded as high as C$0.85. High Arctic Energy Services shares last traded at C$0.85, with a volume of 3,500 shares changing hands.
High Arctic Energy Services Stock Down 3.4%
The firm has a market capitalization of C$10.79 million, a P/E ratio of -28.33 and a beta of -0.04. The firm’s 50 day moving average is C$0.84 and its two-hundred day moving average is C$0.84. The company has a debt-to-equity ratio of 20.71, a current ratio of 2.43 and a quick ratio of 4.54.
About High Arctic Energy Services
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are Drilling Services segment which consists of the drilling services; Production Services segment which consists of the well servicing and snubbing services; Ancillary Services segment which provides rental equipment and engineering consulting to various companies within the oil and gas sector and Corporate segment.
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