Cathedral Energy Services (TSE:CET) Trading 1.1% Higher – What’s Next?

Cathedral Energy Services Ltd. (TSE:CET)’s stock price traded up 1.1% on Monday . The company traded as high as C$0.90 and last traded at C$0.90. 283,250 shares traded hands during trading, a decline of 13% from the average session volume of 323,893 shares. The stock had previously closed at C$0.89.

Cathedral Energy Services Stock Up 1.1 %

The company has a quick ratio of 1.05, a current ratio of 1.46 and a debt-to-equity ratio of 64.02. The company has a market capitalization of C$216.31 million, a PE ratio of 11.25, a PEG ratio of -1.64 and a beta of 2.64. The company’s 50 day moving average is C$4.60 and its two-hundred day moving average is C$3.22.

About Cathedral Energy Services

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.