High Arctic Energy Services (TSE:HWO) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of High Arctic Energy Services Inc (TSE:HWOGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.88 and traded as high as C$1.11. High Arctic Energy Services shares last traded at C$1.01, with a volume of 22,556 shares.

High Arctic Energy Services Trading Down 1.0%

The company has a market cap of C$12.70 million, a PE ratio of 7.69 and a beta of 0.18. The stock’s 50 day moving average is C$0.92 and its 200-day moving average is C$0.88. The company has a quick ratio of 4.54, a current ratio of 2.43 and a debt-to-equity ratio of 17.81.

High Arctic Energy Services Company Profile

(Get Free Report)

High Arctic is an energy services provider. High Arctic provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment ¿on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta¿.

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