Western Energy Services (TSE:WRG) Given a C$3.25 Price Target by ATB Capital Analysts

Western Energy Services (TSE:WRG) has been given a C$3.25 target price by research analysts at ATB Capital in a report issued on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. ATB Capital’s target price indicates a potential upside of 17.33% from the company’s current price.

Western Energy Services Stock Performance

WRG traded up C$0.08 during trading on Wednesday, hitting C$2.77. The stock had a trading volume of 254 shares, compared to its average volume of 2,264. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. The company has a 50 day simple moving average of C$2.66 and a 200-day simple moving average of C$2.79. The firm has a market cap of C$93.74 million, a PE ratio of -13.19, a P/E/G ratio of 0.09 and a beta of 1.49. Western Energy Services has a 12 month low of C$2.43 and a 12 month high of C$3.31.

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.