High Arctic Energy Services (TSE:HWO) Reaches New 52-Week High – Should You Buy?

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.96 and last traded at C$0.96, with a volume of 18700 shares trading hands. The stock had previously closed at C$0.85.

High Arctic Energy Services Stock Performance

The company has a current ratio of 2.50, a quick ratio of 4.54 and a debt-to-equity ratio of 18.34. The stock has a market cap of C$12.19 million, a P/E ratio of 8.73 and a beta of 0.12. The stock has a 50 day simple moving average of C$0.85 and a 200 day simple moving average of C$0.86.

High Arctic Energy Services (TSE:HWOGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported C$0.07 EPS for the quarter. The business had revenue of C$2.73 million during the quarter. High Arctic Energy Services had a return on equity of 6.04% and a net margin of 12.06%. On average, equities analysts expect that High Arctic Energy Services Inc will post -0.01 earnings per share for the current year.

High Arctic Energy Services Company Profile

(Get Free Report)

High Arctic is an energy services provider. High Arctic provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment ¿on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta¿.

Featured Stories

Receive News & Ratings for High Arctic Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Arctic Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.