High Arctic Energy Services (TSE:HWO) Stock Price Crosses Above 200-Day Moving Average of $1.12

High Arctic Energy Services Inc (TSE:HWO)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.12 and traded as high as C$1.31. High Arctic Energy Services shares last traded at C$1.31, with a volume of 5,089 shares.

High Arctic Energy Services Price Performance

The firm has a market capitalization of C$61.89 million, a P/E ratio of -2.52 and a beta of 1.97. The company has a debt-to-equity ratio of 5.69, a current ratio of 5.62 and a quick ratio of 4.54. The stock’s fifty day simple moving average is C$1.11 and its 200 day simple moving average is C$1.12.

High Arctic Energy Services Company Profile

High Arctic Energy Services Inc, an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units.