High Arctic Energy Services (TSE:HWO – Get Free Report) posted its earnings results on Friday. The company reported C$0.08 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$4.68 million for the quarter. High Arctic Energy Services had a return on equity of 7.22% and a net margin of 14.05%.
High Arctic Energy Services Stock Up 13.6%
Shares of HWO stock traded up C$0.16 during mid-day trading on Friday, hitting C$1.34. 25,534 shares of the stock traded hands, compared to its average volume of 7,863. High Arctic Energy Services has a 52-week low of C$0.80 and a 52-week high of C$1.50. The stock has a market cap of C$17.01 million, a P/E ratio of 10.31 and a beta of -0.17. The company has a debt-to-equity ratio of 17.81, a current ratio of 2.43 and a quick ratio of 4.54. The stock’s fifty day moving average is C$1.15 and its two-hundred day moving average is C$0.95.
About High Arctic Energy Services
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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