Key Points
- Insider purchase: Sime Armoyan bought 12,400 shares on Oct. 21 at C$2.03 each (C$25,172 total), increasing his holding to 6,920,256 shares — a 0.18% ownership rise valued at about C$14.05 million.
- Western Energy Services reported Q EPS of C($0.07) on C$50.04 million revenue, with a negative net margin (−3.45%) and negative ROE, while the stock trades around C$2.09 with a market cap of C$70.7 million and a 12‑month range of C$1.85–C$3.10.
Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan purchased 12,400 shares of Western Energy Services stock in a transaction dated Tuesday, October 21st. The shares were bought at an average price of C$2.03 per share, for a total transaction of C$25,172.00. Following the acquisition, the insider owned 6,920,256 shares in the company, valued at approximately C$14,048,119.68. This trade represents a 0.18% increase in their ownership of the stock.
Sime Armoyan also recently made the following trade(s):
- On Wednesday, September 10th, Sime Armoyan acquired 100 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.03 per share, with a total value of C$203.00.
Western Energy Services Price Performance
Western Energy Services stock opened at C$2.09 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. The company has a 50-day moving average price of C$2.09 and a 200 day moving average price of C$2.12. Western Energy Services Corp. has a 12-month low of C$1.85 and a 12-month high of C$3.10. The stock has a market cap of C$70.73 million, a P/E ratio of -11.00, a PEG ratio of 0.09 and a beta of 0.40.
Western Energy Services (TSE:WRG - Get Free Report) last posted its earnings results on Tuesday, October 21st. The company reported C($0.07) earnings per share for the quarter. The firm had revenue of C$50.04 million during the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%. Sell-side analysts anticipate that Western Energy Services Corp. will post 0.1499094 earnings per share for the current year.
About Western Energy Services
(
Get Free Report)
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.
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