CWC Energy Services (CVE:CWC) Shares Pass Below 200 Day Moving Average – Should You Sell?

CWC Energy Services Corp. (CVE:CWC)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.16 and traded as low as C$0.16. CWC Energy Services shares last traded at C$0.16, with a volume of 41,277 shares changing hands.

CWC Energy Services Stock Performance

The stock has a 50 day simple moving average of C$0.16 and a 200 day simple moving average of C$0.16. The company has a quick ratio of 3.31, a current ratio of 2.53 and a debt-to-equity ratio of 19.34. The company has a market cap of C$82.80 million, a price-to-earnings ratio of 2.00 and a beta of 1.78.

CWC Energy Services Company Profile

CWC Energy Services Corp., operates as a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and production companies in Canada and the United States. The company operates through two segments, Contract Drilling and Production Services. It also provides completion, maintenance, workover, and well decommissioning services; and related equipment and services.