Cathedral Energy Services (TSE:CET) Shares Up 1.1% – Time to Buy?

Shares of Cathedral Energy Services Ltd. (TSE:CETGet Free Report) rose 1.1% during mid-day trading on Monday . The company traded as high as C$0.90 and last traded at C$0.90. Approximately 283,250 shares traded hands during trading, a decline of 13% from the average daily volume of 323,893 shares. The stock had previously closed at C$0.89.

Cathedral Energy Services Stock Performance

The company has a debt-to-equity ratio of 64.02, a quick ratio of 1.05 and a current ratio of 1.46. The stock has a market cap of C$216.31 million, a P/E ratio of 11.25, a P/E/G ratio of -1.64 and a beta of 2.64. The business’s 50-day moving average price is C$4.60 and its 200-day moving average price is C$3.22.

Cathedral Energy Services Company Profile

(Get Free Report)

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.

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