High Arctic Energy Services (TSE:HWO) Given a C$2.75 Price Target by National Bank Financial Analysts

High Arctic Energy Services (TSE:HWO) has been given a C$2.75 price objective by National Bank Financial in a report issued on Monday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 38.89% from the stock’s current price.

Shares of TSE:HWO opened at C$1.98 on Monday. High Arctic Energy Services has a 1 year low of C$1.83 and a 1 year high of C$4.05. The firm has a market capitalization of $98.74 million and a price-to-earnings ratio of -11.79. The company has a debt-to-equity ratio of 5.18, a current ratio of 2.58 and a quick ratio of 2.15. The business’s 50 day moving average price is C$2.10 and its 200-day moving average price is C$2.67.

High Arctic Energy Services Company Profile

High Arctic Energy Services Inc provides oilfield services in Canada, Papua New Guinea, and the United States. The company operates through Drilling Services, Production Services, and Ancillary Services segments. It offers snubbing services, including foothills stand alone, stand alone, power tower, and rig assist units; nitrogen transport and pumping services; and service rigs.

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