High Arctic Energy Services (TSE:HWO) Reaches New 52-Week Low – Here’s What Happened

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$1.07 and last traded at C$1.07, with a volume of 3000 shares traded. The stock had previously closed at C$1.08.

High Arctic Energy Services Stock Performance

The stock has a 50-day moving average price of C$1.12 and a 200 day moving average price of C$1.14. The company has a quick ratio of 4.54, a current ratio of 2.43 and a debt-to-equity ratio of 20.71. The firm has a market capitalization of C$12.20 million, a price-to-earnings ratio of 0.38 and a beta of 1.59.

About High Arctic Energy Services

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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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