Western Energy Services (TSE:WRG) Given a C$3.25 Price Target by ATB Capital Analysts

ATB Capital set a C$3.25 price objective on Western Energy Services (TSE:WRG) in a report issued on Wednesday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Western Energy Services Stock Up 3.0 %

TSE:WRG opened at C$2.77 on Wednesday. The company’s 50 day moving average is C$2.66 and its two-hundred day moving average is C$2.79. The company has a market cap of C$93.74 million, a PE ratio of -13.19, a P/E/G ratio of 0.09 and a beta of 1.49. Western Energy Services has a twelve month low of C$2.43 and a twelve month high of C$3.31. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49.

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.