CWC Energy Services (CVE:CWC) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

CWC Energy Services Corp. (CVE:CWCGet Free Report)’s stock price passed 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 50-day moving average price of C$0.16 and a 200-day moving average price of C$0.16. The company has a market capitalization of C$82.81 million, a price-to-earnings ratio of 1.96 and a beta of 1.78. The company has a quick ratio of 3.31, a current ratio of 3.36 and a debt-to-equity ratio of 20.44.

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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