High Arctic Energy Services (TSE:HWO) Sets New 12-Month Low – What’s Next?

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$1.07 and last traded at C$1.07, with a volume of 3000 shares. The stock had previously closed at C$1.08.

High Arctic Energy Services Price Performance

The company has a debt-to-equity ratio of 20.71, a current ratio of 2.43 and a quick ratio of 4.54. The company has a 50 day moving average price of C$1.12 and a 200 day moving average price of C$1.14. The firm has a market cap of C$12.20 million, a PE ratio of 0.38 and a beta of 1.59.

About High Arctic Energy Services

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High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.

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