High Arctic Energy Services (TSE:HWO) Reaches New 12-Month High – Time to Buy?

Shares of High Arctic Energy Services Inc (TSE:HWOGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$1.15 and last traded at C$1.06, with a volume of 28600 shares. The stock had previously closed at C$0.97.

High Arctic Energy Services Stock Performance

The firm’s 50 day simple moving average is C$0.89 and its 200 day simple moving average is C$0.87. The firm has a market cap of C$13.46 million, a PE ratio of 9.64 and a beta of 0.08. The company has a current ratio of 2.43, a quick ratio of 4.54 and a debt-to-equity ratio of 17.81.

About High Arctic Energy Services

(Get Free Report)

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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