Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Purchases 75,700 Shares of Stock

Western Energy Services Corp. (TSE:WRG) insider Sime Armoyan purchased 75,700 shares of the stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of C$2.10 per share, with a total value of C$158,970.00.

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

• On Tuesday, March 4th, Sime Armoyan bought 5,000 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.30 per share, with a total value of C$11,500.00.
• On Friday, February 28th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.35 per share, with a total value of C$470.00.
• On Wednesday, February 26th, Sime Armoyan acquired 800 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.35 per share, with a total value of C$1,880.00.
• On Monday, February 24th, Sime Armoyan purchased 13,100 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.35 per share, for a total transaction of C$30,785.00.
• On Tuesday, February 18th, Sime Armoyan purchased 25,000 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.40 per share, for a total transaction of C$60,000.00.
• On Thursday, February 13th, Sime Armoyan purchased 25,800 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$64,500.00.
• On Friday, February 7th, Sime Armoyan acquired 200 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$500.00.
• On Wednesday, February 5th, Sime Armoyan acquired 700 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$1,750.00.
• On Monday, January 27th, Sime Armoyan acquired 6,300 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$15,750.00.
• On Monday, December 30th, Sime Armoyan acquired 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.

Western Energy Services Stock Up 4.8 %

Shares of TSE WRG opened at C$2.17 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. Western Energy Services Corp. has a 52 week low of C$1.85 and a 52 week high of C$3.31. The stock has a market capitalization of C$73.43 million, a P/E ratio of -10.33, a PEG ratio of 0.09 and a beta of 1.49. The stock’s fifty day moving average is C$2.56 and its 200 day moving average is C$2.69.

Analyst Ratings Changes

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