High Arctic Energy Services (TSE:HWO) Shares Pass Above Two Hundred Day Moving Average of $1.13

High Arctic Energy Services Inc (TSE:HWO) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.13 and traded as high as C$1.30. High Arctic Energy Services shares last traded at C$1.30, with a volume of 6,400 shares trading hands.

High Arctic Energy Services Price Performance

The company has a market cap of C$64.35 million, a PE ratio of -2.62 and a beta of 1.97. The firm has a 50 day simple moving average of C$1.16 and a 200-day simple moving average of C$1.13. The company has a quick ratio of 4.54, a current ratio of 5.62 and a debt-to-equity ratio of 5.69.

High Arctic Energy Services (TSE:HWO) last issued its quarterly earnings data on Monday, April 8th. The company reported C$0.06 earnings per share (EPS) for the quarter. High Arctic Energy Services had a negative net margin of 42.67% and a negative return on equity of 22.67%. The firm had revenue of C$18.11 million for the quarter. As a group, research analysts predict that High Arctic Energy Services Inc will post -0.01 earnings per share for the current fiscal year.

About High Arctic Energy Services

High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.