CWC Energy Services (CVE:CWC) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

CWC Energy Services Corp. (CVE:CWCGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.16 and traded as low as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares trading hands.

CWC Energy Services Trading Down 5.9 %

The company has a current ratio of 2.53, a quick ratio of 3.31 and a debt-to-equity ratio of 19.34. The business has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.16. The stock has a market cap of C$82.80 million, a price-to-earnings ratio of 2.00 and a beta of 1.78.

CWC Energy Services Company Profile

(Get Free Report)

CWC Energy Services Corp., operates as a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and related equipment and services.

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