Western Energy Services Corp. (TSE:WRG) Insider Buys C$31,820.00 in Stock

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan purchased 14,800 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of C$2.15 per share, for a total transaction of C$31,820.00.

Sime Armoyan also recently made the following trade(s):

• On Thursday, March 6th, Sime Armoyan bought 75,700 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.10 per share, for a total transaction of C$158,970.00.
• On Tuesday, March 4th, Sime Armoyan purchased 5,000 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.30 per share, with a total value of C$11,500.00.
• On Friday, February 28th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.35 per share, for a total transaction of C$470.00.
• On Wednesday, February 26th, Sime Armoyan acquired 800 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.35 per share, with a total value of C$1,880.00.
• On Monday, February 24th, Sime Armoyan bought 13,100 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.35 per share, for a total transaction of C$30,785.00.
• On Tuesday, February 18th, Sime Armoyan purchased 25,000 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.40 per share, with a total value of C$60,000.00.
• On Thursday, February 13th, Sime Armoyan acquired 25,800 shares of Western Energy Services stock. The shares were bought at an average price of C$2.50 per share, for a total transaction of C$64,500.00.
• On Friday, February 7th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.50 per share, with a total value of C$500.00.
• On Wednesday, February 5th, Sime Armoyan acquired 700 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.50 per share, with a total value of C$1,750.00.
• On Monday, January 27th, Sime Armoyan bought 6,300 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.50 per share, for a total transaction of C$15,750.00.

Western Energy Services Stock Performance

Shares of Western Energy Services stock opened at C$2.21 on Monday. The stock has a market cap of C$74.79 million, a PE ratio of -10.52, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. Western Energy Services Corp. has a 12 month low of C$1.85 and a 12 month high of C$3.31. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. The business has a fifty day simple moving average of C$2.52 and a 200-day simple moving average of C$2.66.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on WRG shares. ATB Capital set a C$3.25 price objective on shares of Western Energy Services and gave the company a “sector perform” rating in a research report on Wednesday, January 15th. Atb Cap Markets upgraded shares of Western Energy Services to a “hold” rating in a research report on Wednesday, January 15th.

Western Energy Services Company Profile

Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.