High Arctic Energy Services (TSE:HWO) Sets New 12-Month Low – Here’s What Happened

High Arctic Energy Services Inc (TSE:HWOGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as C$1.02 and last traded at C$1.01, with a volume of 6725 shares changing hands. The stock had previously closed at C$1.17.

High Arctic Energy Services Stock Performance

The firm has a market capitalization of C$11.74 million, a P/E ratio of 0.37 and a beta of 1.59. The stock has a fifty day moving average of C$1.10 and a 200-day moving average of C$1.13. The company has a quick ratio of 4.54, a current ratio of 2.43 and a debt-to-equity ratio of 20.71.

About High Arctic Energy Services

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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.

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