High Arctic Energy Services (TSE:HWO) Hits New 12-Month Low at $1.09

High Arctic Energy Services Inc (TSE:HWO)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$1.09 and last traded at C$1.15, with a volume of 27492 shares. The stock had previously closed at C$1.13.

High Arctic Energy Services Trading Down 0.9 %

The company has a current ratio of 1.92, a quick ratio of 4.54 and a debt-to-equity ratio of 66.52. The firm has a market cap of C$13.75 million, a PE ratio of -1.13 and a beta of 1.65. The business has a fifty day moving average price of C$1.18 and a 200 day moving average price of C$1.24.

High Arctic Energy Services (TSE:HWO) last announced its quarterly earnings results on Thursday, August 15th. The company reported C($0.04) earnings per share (EPS) for the quarter. High Arctic Energy Services had a negative net margin of 16.05% and a negative return on equity of 14.36%. The business had revenue of C$2.53 million during the quarter. Analysts forecast that High Arctic Energy Services Inc will post -0.01 EPS for the current year.

Insider Activity at High Arctic Energy Services

In related news, Senior Officer Lonn Bate purchased 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were purchased at an average cost of C$1.51 per share, for a total transaction of C$30,200.00. Insiders own 182.05% of the company’s stock.

About High Arctic Energy Services

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.