CWC Energy Services (CVE:CWC) Shares Pass Below 200-Day Moving Average – What’s Next?

CWC Energy Services Corp. (CVE:CWCGet Free Report)’s stock price crossed 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 changing hands.

CWC Energy Services Trading Down 5.9%

The firm has a market cap of C$82.81 million, a P/E ratio of 1.96 and a beta of 1.78. The company has a current ratio of 3.36, a quick ratio of 3.31 and a debt-to-equity ratio of 20.44. The business has a 50 day moving average of C$0.16 and a two-hundred day moving average of C$0.16.

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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