Western Energy Services Corp. (OTCMKTS:WEEEF) Short Interest Update

Western Energy Services Corp. (OTCMKTS:WEEEF) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 87.5% from the November 30th total of 800 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 0.2 days.

Western Energy Services Price Performance

WEEEF stock opened at $1.71 on Friday. The firm has a 50 day moving average of $1.90 and a 200-day moving average of $2.00. The firm has a market capitalization of $58.02 million, a P/E ratio of -11.43 and a beta of 0.90. Western Energy Services has a 12 month low of $1.71 and a 12 month high of $2.15. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.35.

Western Energy Services (OTCMKTS:WEEEF) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.03) earnings per share for the quarter. Western Energy Services had a negative return on equity of 2.37% and a negative net margin of 3.19%. The company had revenue of $42.77 million during the quarter.

Western Energy Services Company Profile

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.