High Arctic Energy Services (TSE:HWO) Hits New 1-Year High – Should You Buy?

High Arctic Energy Services Inc (TSE:HWO – Get Free Report) reached a new 52-week high on Friday. The stock traded as high as C$1.15 and last traded at C$1.15, with a volume of 19985 shares changing hands. The stock had previously closed at C$1.08.

High Arctic Energy Services Stock Performance

The company has a market capitalization of C$14.60 million, a P/E ratio of 8.85 and a beta of 0.18. The business has a 50-day moving average of C$0.97 and a 200-day moving average of C$0.90. 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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