High Arctic Energy Services (TSE:HWO) Sets New 12-Month Low – Here’s Why

High Arctic Energy Services Inc (TSE:HWOGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$1.02 and last traded at C$1.01, with a volume of 6725 shares. The stock had previously closed at C$1.17.

High Arctic Energy Services Trading Down 5.8 %

The company has a debt-to-equity ratio of 20.71, a quick ratio of 4.54 and a current ratio of 2.43. The company has a market capitalization of C$11.06 million, a PE ratio of 0.35 and a beta of 1.59. The stock has a fifty day moving average of C$1.10 and a 200 day moving average of C$1.13.

High Arctic Energy Services Company Profile

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High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.

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