High Arctic Energy Services (TSE:HWO) Sets New 12-Month High – Should You Buy?

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$0.96 and last traded at C$0.96, with a volume of 18700 shares trading hands. The stock had previously closed at C$0.85.

High Arctic Energy Services Trading Up 12.9%

The firm has a fifty day moving average price of C$0.85 and a 200 day moving average price of C$0.86. The company has a market cap of C$12.19 million, a price-to-earnings ratio of 8.73 and a beta of 0.12. The company has a debt-to-equity ratio of 18.34, a quick ratio of 4.54 and a current ratio of 2.50.

High Arctic Energy Services (TSE:HWOGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported C$0.07 earnings per share (EPS) for the quarter. The company had revenue of C$2.73 million for the quarter. High Arctic Energy Services had a net margin of 12.06% and a return on equity of 6.04%. As a group, equities analysts predict that High Arctic Energy Services Inc will post -0.01 EPS for the current fiscal year.

High Arctic Energy Services Company Profile

(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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