Cathedral Energy Services (TSE:CET) Shares Up 1.1% – Here’s What Happened

Cathedral Energy Services Ltd. (TSE:CETGet Free Report)’s share price rose 1.1% during mid-day trading on Monday . The stock traded as high as C$0.90 and last traded at C$0.90. Approximately 283,250 shares changed hands during trading, a decline of 13% from the average daily volume of 323,893 shares. The stock had previously closed at C$0.89.

Cathedral Energy Services Stock Up 1.1 %

The firm has a market cap of C$216.31 million, a price-to-earnings ratio of 11.25, a P/E/G ratio of -1.64 and a beta of 2.64. The firm’s 50 day moving average price is C$4.37 and its two-hundred day moving average price is C$3.21. The company has a debt-to-equity ratio of 64.02, a current ratio of 1.46 and a quick ratio of 1.05.

About Cathedral Energy Services

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Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.

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