Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Buys 13,100 Shares

Posted by Michelle Swanson on Feb 26th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan acquired 13,100 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were acquired at an average price of C$2.35 per share, with a total value of C$30,785.00.

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

On Tuesday, February 18th, Sime Armoyan acquired 25,000 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.40 per share, with a total value of C$60,000.00.
On Thursday, February 13th, Sime Armoyan acquired 25,800 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$64,500.00.
On Friday, February 7th, Sime Armoyan acquired 200 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$500.00.
On Wednesday, February 5th, Sime Armoyan acquired 700 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$1,750.00.
On Monday, January 27th, Sime Armoyan acquired 6,300 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$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 bought 400 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.55 per share, for a total transaction of C$1,020.00.
On Friday, December 20th, Sime Armoyan bought 400 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.55 per share, for a total transaction of C$1,020.00.
On Tuesday, December 17th, Sime Armoyan bought 1,300 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.47 per share, for a total transaction of C$3,206.06.

Western Energy Services Trading Down 5.2 %

WRG opened at C$2.35 on Wednesday. The stock has a market capitalization of C$79.52 million, a PE ratio of -11.19, a P/E/G ratio of 0.09 and a beta of 1.49. The firm’s fifty day moving average price is C$2.62 and its 200 day moving average price is C$2.73. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46. Western Energy Services Corp. has a 12-month low of C$2.35 and a 12-month high of C$3.31.

Analyst Upgrades and Downgrades

WRG has been the topic of a number of recent research reports. ATB Capital set a C$3.25 target price on shares of Western Energy Services and gave the stock a “sector perform” rating in a research report on Wednesday, January 15th. Atb Cap Markets raised shares of Western Energy Services to a “hold” rating in a research report on Wednesday, January 15th.

Read Our Latest Stock Report on Western Energy Services

Western Energy Services Company Profile

(Get Free Report)

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.