CWC Energy Services (CVE:CWC) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

CWC Energy Services Corp. (CVE:CWC)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares traded.

CWC Energy Services Stock Down 5.9 %

The company has a market cap of C$82.80 million, a price-to-earnings ratio of 2.00 and a beta of 1.78. The company has a debt-to-equity ratio of 19.34, a current ratio of 2.53 and a quick ratio of 3.31. The firm has a 50-day moving average price of C$0.16 and a 200 day moving average price of C$0.16.

CWC Energy Services Company Profile

CWC Energy Services Corp., operates as a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and related equipment and services.