CWC Energy Services (CVE:CWC) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

CWC Energy Services Corp. (CVE:CWCGet Free Report) shares passed below its 200-day moving average during trading on Monday . 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 changing hands.

CWC Energy Services Trading Down 5.9 %

The business’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.16. The firm has a market capitalization of C$82.80 million, a P/E ratio of 2.00 and a beta of 1.78. The company has a quick ratio of 3.31, a current ratio of 2.53 and a debt-to-equity ratio of 19.34.

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.

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