High Arctic Energy Services (TSE:HWO) Shares Climb 10% – Still a Buy?

High Arctic Energy Services Inc (TSE:HWO – Get Free Report) shares traded up 10% on Tuesday. The stock traded as high as C$1.21 and last traded at C$1.21. Approximately 1,345 shares were traded during trading, a decline of 83% from the average daily volume of 7,750 shares. The stock had previously closed at C$1.10.

High Arctic Energy Services Price Performance

The stock has a market capitalization of C$15.36 million, a P/E ratio of 9.31 and a beta of -0.17. The business’s 50 day simple moving average is C$1.13 and its two-hundred day simple moving average is C$0.94. The company has a quick ratio of 4.54, a current ratio of 2.43 and a debt-to-equity ratio of 17.81.

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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