Sime Armoyan Purchases 6,300 Shares of Western Energy Services Corp. (TSE:WRG) Stock

Posted by Patrick Bannon on Jan 31st, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan acquired 6,300 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$15,750.00.

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

On Monday, December 30th, Sime Armoyan purchased 4,600 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.50 per share, for a total transaction of C$11,500.00.
On Friday, December 27th, Sime Armoyan acquired 400 shares of Western Energy Services stock. The shares were acquired 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 bought 400 shares of Western Energy Services stock. The shares were acquired at an average cost 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 acquired at an average cost of C$2.47 per share, for a total transaction of C$3,206.06.
On Friday, November 15th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The shares were bought at an average price of C$2.52 per share, with a total value of C$504.00.
On Tuesday, November 5th, Sime Armoyan purchased 100 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.50 per share, for a total transaction of C$250.00.

Western Energy Services Stock Performance

Shares of Western Energy Services stock remained flat at C$2.50 during mid-day trading on Friday. The company has a market capitalization of C$84.60 million, a PE ratio of -11.90, a P/E/G ratio of 0.09 and a beta of 1.49. The company has a fifty day simple moving average of C$2.66 and a 200-day simple moving average of C$2.78. Western Energy Services Corp. has a one year low of C$2.43 and a one year high of C$3.31. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46.

Western Energy Services (TSE:WRG – Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported C($0.04) EPS for the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%. As a group, analysts predict that Western Energy Services Corp. will post 0.1499094 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on WRG shares. ATB Capital set a C$3.25 price objective on Western Energy Services and gave the company a “sector perform” rating in a report on Wednesday, January 15th. Atb Cap Markets raised shares of Western Energy Services to a “hold” rating in a report on Wednesday, January 15th.

Check Out Our Latest Stock Analysis on WRG

Western Energy Services Company Profile

(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.