High Arctic Energy Services (TSE:HWO) Reaches New 52-Week Low at $2.00
Shares of High Arctic Energy Services, Inc. (TSE:HWO) reached a new 52-week low on Tuesday . The stock traded as low as C$2.00 and last traded at C$1.98, with a volume of 18899 shares. The stock had previously closed at C$2.01.
Separately, National Bank Financial dropped their price target on High Arctic Energy Services from C$3.25 to C$2.75 and set a “sector perform” rating for the company in a research note on Monday, November 11th.
The company has a current ratio of 2.58, a quick ratio of 2.15 and a debt-to-equity ratio of 5.18. The firm has a market capitalization of $112.96 million and a P/E ratio of -11.79. The company has a 50 day simple moving average of C$2.23 and a two-hundred day simple moving average of C$2.86.
High Arctic Energy Services Inc provides oilfield services in Canada, Papua New Guinea, and the United States. The company operates through Drilling Services, Production Services, and Ancillary Services segments. It offers snubbing services, including foothills stand alone, stand alone, power tower, and rig assist units; nitrogen transport and pumping services; and service rigs.
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