High Arctic Energy Services (TSE:HWO) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

High Arctic Energy Services Inc (TSE:HWOGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.16 and traded as low as C$1.13. High Arctic Energy Services shares last traded at C$1.13, with a volume of 1,300 shares.

High Arctic Energy Services Stock Up 0.9 %

The business’s 50 day moving average is C$1.14 and its 200-day moving average is C$1.15. The stock has a market cap of C$13.75 million, a price-to-earnings ratio of -1.10 and a beta of 1.59. The company has a debt-to-equity ratio of 66.52, a quick ratio of 4.54 and a current ratio of 1.92.

High Arctic Energy Services Company Profile

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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.

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