Western Energy Services Corp. (OTCMKTS:WEEEF) Short Interest Update

Western Energy Services Corp. (OTCMKTS:WEEEF) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 400 shares, a decrease of 42.9% from the October 15th total of 700 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 0.2 days.

Western Energy Services Price Performance

Shares of Western Energy Services stock opened at $1.99 on Wednesday. Western Energy Services has a 1 year low of $1.80 and a 1 year high of $2.37. The business has a 50-day moving average of $2.06 and a two-hundred day moving average of $2.04. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.59 and a current ratio of 1.59.

Western Energy Services (OTCMKTS:WEEEF) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $42.77 million for the quarter. Western Energy Services had a negative return on equity of 2.37% and a negative net margin of 3.19%.

Western Energy Services Company Profile

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.