High Arctic Energy Services (TSE:HWO) Stock Jumps 10% – Should You Buy?

High Arctic Energy Services Inc (TSE:HWO – Get Free Report)’s share price traded up 10% on Tuesday. The stock traded as high as C$1.21 and last traded at C$1.21. 1,345 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 7,750 shares. The stock had previously closed at C$1.10.

High Arctic Energy Services Trading Down 2.5%

The company has a debt-to-equity ratio of 17.81, a current ratio of 2.43 and a quick ratio of 4.54. The company’s fifty day simple moving average is C$1.14 and its 200-day simple moving average is C$0.94. The firm has a market capitalization of C$14.98 million, a PE ratio of 9.08 and a beta of -0.17.

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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