Sime Armoyan Purchases 5,800 Shares of Western Energy Services Corp. (TSE:WRG) Stock

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan acquired 5,800 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was bought 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 purchased 3,600 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.65 per share, with a total value of C$9,537.84.

Western Energy Services Stock Performance

Western Energy Services stock opened at C$2.70 on Tuesday. 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 company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82. The stock has a market cap of C$91.37 million, a P/E ratio of -12.86, a price-to-earnings-growth ratio of 0.09 and a beta of 1.52. The firm’s fifty day moving average price is C$2.95 and its 200-day moving average price is C$2.82.

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

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.