Shares of High Arctic Energy Services, Inc. (TSE:HWO) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.76 and traded as low as $1.99. High Arctic Energy Services shares last traded at $2.03, with a volume of 43,489 shares trading hands.
Separately, National Bank Financial dropped their price target on High Arctic Energy Services from C$3.25 to C$2.75 and set a “sector perform” rating on the stock in a research report on Monday, November 11th.
The company has a debt-to-equity ratio of 5.18, a quick ratio of 2.15 and a current ratio of 2.58. The stock has a market cap of $96.26 million and a price-to-earnings ratio of -11.90. The company’s 50 day simple moving average is C$2.14 and its two-hundred day simple moving average is C$2.72.
About High Arctic Energy Services (TSE:HWO)
High Arctic Energy Services Inc provides oilfield services in Canada, Papua New Guinea, and the United States. The company operates through Drilling Services, Production Services, and Ancillary Services segments. It offers snubbing services, including foothills stand alone, stand alone, power tower, and rig assist units; nitrogen transport and pumping services; and service rigs.
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