Sime Armoyan Acquires 5,000 Shares of Western Energy Services Corp. (TSE:WRG) Stock

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average price of C$2.30 per share, for a total transaction of C$11,500.00.

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

• On Friday, February 28th, Sime Armoyan bought 200 shares of Western Energy Services stock. The shares were bought at an average price of C$2.35 per share, for a total transaction of C$470.00.
• On Wednesday, February 26th, Sime Armoyan bought 800 shares of Western Energy Services stock. The shares were bought at an average price of C$2.35 per share, for a total transaction 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 price of C$2.35 per share, for a total transaction of C$30,785.00.
• On Tuesday, February 18th, Sime Armoyan bought 25,000 shares of Western Energy Services stock. The shares were bought at an average price of C$2.40 per share, for a total transaction of C$60,000.00.
• On Thursday, February 13th, Sime Armoyan bought 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 bought 200 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$500.00.
• On Wednesday, February 5th, Sime Armoyan bought 700 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$1,750.00.
• On Monday, January 27th, Sime Armoyan bought 6,300 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$15,750.00.
• On Monday, December 30th, Sime Armoyan acquired 4,600 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, with a total value of C$11,500.00.
• On Friday, December 27th, Sime Armoyan acquired 400 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.55 per share, with a total value of C$1,020.00.

Western Energy Services Price Performance

Shares of TSE WRG opened at C$2.13 on Thursday. The firm has a market cap of C$72.08 million, a PE ratio of -10.14, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. The business has a 50 day moving average price of C$2.58 and a two-hundred day moving average price of C$2.70. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. Western Energy Services Corp. has a fifty-two week low of C$1.85 and a fifty-two week high of C$3.31.

Wall Street Analyst Weigh In

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

Western Energy Services Company Profile

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.