High Arctic Energy Services (TSE:HWO) Reaches New 1-Year Low at $1.46

High Arctic Energy Services Inc (TSE:HWO) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$1.46 and last traded at C$1.47, with a volume of 52851 shares traded. The stock had previously closed at C$1.49.

High Arctic Energy Services Stock Down 2.1 %

The firm has a market cap of C$17.19 million, a PE ratio of -2.06 and a beta of 1.65. The company has a 50-day simple moving average of C$1.22 and a 200-day simple moving average of C$1.23. The company has a debt-to-equity ratio of 5.89, a current ratio of 4.62 and a quick ratio of 4.54.

Insiders Place Their Bets

In related news, Senior Officer Lonn Bate bought 20,000 shares of the stock in a transaction dated Friday, June 14th. The stock was purchased at an average cost of C$1.51 per share, with a total value of C$30,200.00. Insiders own 50.44% of the company’s stock.

High Arctic Energy Services Company Profile

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.