High Arctic Energy Services (TSE:HWO) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.89 and traded as high as C$1.12. High Arctic Energy Services shares last traded at C$1.05, with a volume of 7,182 shares.

High Arctic Energy Services Trading Up 1.0%

The business has a 50 day moving average of C$0.93 and a 200 day moving average of C$0.89. The firm has a market capitalization of C$13.46 million, a price-to-earnings ratio of 8.15 and a beta of 0.18. The company has a debt-to-equity ratio of 17.81, a current ratio of 2.43 and a quick ratio of 4.54.

High Arctic Energy Services Company Profile

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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¿.

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