High Arctic Energy Services (TSE:HWO) Hits New 1-Year High – Still a Buy?

High Arctic Energy Services Inc (TSE:HWO – Get Free Report) shares hit a new 52-week high during trading on Tuesday. The company traded as high as C$1.17 and last traded at C$1.17, with a volume of 16802 shares traded. The stock had previously closed at C$1.12.

High Arctic Energy Services Stock Up 5.4%

The stock’s 50 day simple moving average is C$1.00 and its 200 day simple moving average is C$0.91. The stock has a market capitalization of C$14.98 million, a P/E ratio of 9.08 and a beta of -0.11. The company has a current ratio of 2.43, a quick ratio of 4.54 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¿.

Further Reading

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