CWC Energy Services (CVE:CWC) Stock Price Passes Above 200 Day Moving Average – Here’s Why

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

CWC Energy Services Stock Performance

The company has a quick ratio of 3.31, a current ratio of 3.36 and a debt-to-equity ratio of 20.44. The firm has a market cap of C$82.81 million, a P/E ratio of 1.96 and a beta of 1.78. The business has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.16.

About CWC Energy Services

(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.

Further Reading

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