Insider Buying: Western Energy Services Corp. (TSE:WRG) Insider Acquires 13,100 Shares of Stock

Posted by Tech Dows on Feb 26th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan bought 13,100 shares of the stock in a transaction on Monday, February 24th. The shares were acquired at an average price of C$2.35 per share, with a total value of C$30,785.00.

Sime Armoyan also recently made the following trade(s):

On Tuesday, February 18th, Sime Armoyan bought 25,000 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.40 per share, with a total value of C$60,000.00.
On Thursday, February 13th, Sime Armoyan bought 25,800 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, with a total value of C$64,500.00.
On Friday, February 7th, Sime Armoyan bought 200 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, with a total value of C$500.00.
On Wednesday, February 5th, Sime Armoyan bought 700 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, with a total value of C$1,750.00.
On Monday, January 27th, Sime Armoyan bought 6,300 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, with a total value of C$15,750.00.
On Monday, December 30th, Sime Armoyan bought 4,600 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, with a total value of C$11,500.00.
On Friday, December 27th, Sime Armoyan purchased 400 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.55 per share, with a total value of C$1,020.00.
On Friday, December 20th, Sime Armoyan purchased 400 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.55 per share, with a total value of C$1,020.00.
On Tuesday, December 17th, Sime Armoyan purchased 1,300 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.47 per share, with a total value of C$3,206.06.

Western Energy Services Stock Performance

Shares of WRG opened at C$2.35 on Wednesday. Western Energy Services Corp. has a 52-week low of C$2.35 and a 52-week high of C$3.31. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. The firm has a market capitalization of C$79.52 million, a PE ratio of -11.19, a P/E/G ratio of 0.09 and a beta of 1.49. The firm has a 50-day moving average price of C$2.62 and a 200 day moving average price of C$2.73.

Analyst Ratings Changes

Several research firms have recently commented on WRG. ATB Capital set a C$3.25 price target on shares of Western Energy Services and gave the stock a “sector perform” rating in a research report on Wednesday, January 15th. Atb Cap Markets upgraded shares of Western Energy Services to a “hold” rating in a research report on Wednesday, January 15th.

Check Out Our Latest Report on Western Energy Services

About Western Energy Services

(Get Free Report)

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.