ATB Capital Reiterates “C$3.25” Price Target for Western Energy Services (TSE:WRG)

ATB Capital set a C$3.25 target price on Western Energy Services (TSE:WRG) in a report released on Wednesday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Western Energy Services Stock Performance

TSE WRG opened at C$2.72 on Wednesday. The stock has a market cap of C$92.04 million, a PE ratio of -12.95, a P/E/G ratio of 0.09 and a beta of 1.49. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82. The firm has a 50-day moving average of C$2.66 and a 200-day moving average of C$2.79. Western Energy Services has a 52-week low of C$2.43 and a 52-week high of C$3.31.

About Western Energy Services

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.