Sime Armoyan Acquires 25,800 Shares of Western Energy Services Corp. (TSE:WRG) Stock

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan bought 25,800 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were acquired at an average price of C$2.50 per share, for a total transaction of C$64,500.00.

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

• On Friday, February 7th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.50 per share, with a total value of C$500.00.
• On Wednesday, February 5th, Sime Armoyan acquired 700 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.50 per share, for a total transaction 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 acquired 4,600 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.50 per share, with a total value of C$11,500.00.
• On Friday, December 27th, Sime Armoyan bought 400 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.55 per share, for a total transaction of C$1,020.00.
• On Friday, December 20th, Sime Armoyan purchased 400 shares of Western Energy Services stock. The shares were bought 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 stock was purchased at an average price of C$2.47 per share, for a total transaction of C$3,206.06.

Western Energy Services Price Performance

TSE WRG opened at C$2.50 on Friday. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82. The company has a market capitalization of C$84.60 million, a price-to-earnings ratio of -11.90, a PEG ratio of 0.09 and a beta of 1.49. The stock has a 50-day moving average of C$2.64 and a 200 day moving average of C$2.75. Western Energy Services Corp. has a one year low of C$2.43 and a one year high of C$3.31.

Analyst Ratings Changes

WRG has been the subject of several recent analyst reports. ATB Capital set a C$3.25 target price on shares of Western Energy Services and gave the stock a “sector perform” rating in a report on Wednesday, January 15th. Atb Cap Markets upgraded shares of Western Energy Services to a “hold” rating in a report on Wednesday, January 15th.

Western Energy Services Company Profile

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.