Western Energy Services Corp. (OTCMKTS:WEEEF) Short Interest Update

Western Energy Services Corp. (OTCMKTS:WEEEF) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 900 shares, a growth of 800.0% from the August 15th total of 100 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 1.8 days.

Western Energy Services Stock Performance

OTCMKTS:WEEEF opened at $2.13 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.82 and a current ratio of 1.82. The stock has a 50-day simple moving average of $2.07 and a two-hundred day simple moving average of $2.01. The firm has a market capitalization of $72.09 million, a PE ratio of -10.14 and a beta of 0.87. Western Energy Services has a 52-week low of $1.80 and a 52-week high of $2.89.

Western Energy Services (OTCMKTS:WEEEF) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported ($0.11) earnings per share (EPS) for the quarter. Western Energy Services had a negative net margin of 3.32% and a negative return on equity of 2.41%. The company had revenue of $31.45 million for the quarter.

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.