High Arctic Energy Services (TSE:HWO) Sets New 52-Week High – What’s Next?

High Arctic Energy Services Inc (TSE:HWO – Get Free Report) shares reached a new 52-week high on Tuesday. The stock traded as high as C$1.17 and last traded at C$1.17, with a volume of 16802 shares traded. The stock had previously closed at C$1.12.

High Arctic Energy Services Price Performance

The company has a debt-to-equity ratio of 17.81, a current ratio of 2.43 and a quick ratio of 4.54. The stock’s fifty day simple moving average is C$1.00 and its 200-day simple moving average is C$0.91. The company has a market capitalization of C$14.98 million, a P/E ratio of 9.08 and a beta of -0.11.

High Arctic Energy Services Company Profile

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High Arctic is an energy services provider. High Arctic provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment ¿on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta¿.

Further Reading

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