High Arctic Energy Services (TSE:HWO) Sets New 12-Month Low at $1.10

Shares of High Arctic Energy Services Inc (TSE:HWO) hit a new 52-week low during trading on Friday . The company traded as low as C$1.10 and last traded at C$1.13, with a volume of 201300 shares trading hands. The stock had previously closed at C$1.15.

High Arctic Energy Services Stock Down 4.3 %

The stock has a 50 day moving average price of C$1.08 and a 200 day moving average price of C$1.25. The company has a quick ratio of 4.54, a current ratio of 1.92 and a debt-to-equity ratio of 66.52. The stock has a market capitalization of C$13.51 million, a price-to-earnings ratio of -1.15 and a beta of 1.62.

High Arctic Energy Services (TSE:HWO) last posted its earnings results on Thursday, August 15th. The company reported C($0.04) earnings per share for the quarter. High Arctic Energy Services had a negative return on equity of 14.36% and a negative net margin of 16.05%. The business had revenue of C$2.53 million for the quarter. As a group, analysts forecast that High Arctic Energy Services Inc will post -0.01 EPS for the current year.

High Arctic Energy Services Company Profile

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.