Western Energy Services (OTCMKTS:WEEEF) Trading Up 10.2%

Western Energy Services Corp. (OTCMKTS:WEEEF) shares were up 10.2% on Monday . The stock traded as high as $2.37 and last traded at $2.37. Approximately 200 shares changed hands during trading, a decline of 92% from the average daily volume of 2,556 shares. The stock had previously closed at $2.15.

Western Energy Services Stock Performance

The company has a 50-day moving average price of $2.50 and a two-hundred day moving average price of $2.30. The stock has a market capitalization of $80.20 million, a P/E ratio of -13.17 and a beta of 0.99. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.38.

Western Energy Services (OTCMKTS:WEEEF) last announced its quarterly earnings results on Tuesday, October 24th. The company reported ($0.03) earnings per share for the quarter. Western Energy Services had a negative net margin of 3.39% and a negative return on equity of 2.64%. The company had revenue of $41.00 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.