CWC Energy Services (CVE:CWC) Stock Price Passes Below 200 Day Moving Average – What’s Next?

CWC Energy Services Corp. (CVE:CWCGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.16 and traded as low as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares.

CWC Energy Services Price Performance

The company has a market cap of C$82.80 million, a price-to-earnings ratio of 2.00 and a beta of 1.78. The company’s 50-day simple moving average is C$0.16 and its 200-day simple moving average is C$0.16. The company has a debt-to-equity ratio of 19.34, a current ratio of 2.53 and a quick ratio of 3.31.

CWC Energy Services Company Profile

(Get Free Report)

CWC Energy Services Corp., operates as a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and related equipment and services.

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