Western Energy Services (TSE:WRG) Given a C$3.25 Price Target by ATB Capital Analysts

ATB Capital set a C$3.25 target price on Western Energy Services (TSE:WRG) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Western Energy Services Stock Performance

Shares of TSE WRG opened at C$2.77 on Wednesday. The company has a market capitalization of C$93.74 million, a PE ratio of -13.19, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. 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’s fifty day moving average price is C$2.66 and its 200 day moving average price is C$2.79. Western Energy Services has a 1 year low of C$2.43 and a 1 year high of C$3.31.

About Western Energy Services

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.