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

Posted by Scott Davis on Mar 9th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan purchased 75,700 shares of the stock in a transaction on Thursday, March 6th. The stock was acquired at an average price 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 purchased 5,000 shares of Western Energy Services stock. The stock was acquired at an average price 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 stock was acquired at an average price of C$2.35 per share, with a total value of C$470.00.
On Wednesday, February 26th, Sime Armoyan purchased 800 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.35 per share, with a total value of C$1,880.00.
On Monday, February 24th, Sime Armoyan acquired 13,100 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.35 per share, for a total transaction of C$30,785.00.
On Tuesday, February 18th, Sime Armoyan acquired 25,000 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.40 per share, for a total transaction of C$60,000.00.
On Thursday, February 13th, Sime Armoyan acquired 25,800 shares of Western Energy Services stock. The stock was purchased at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost of C$2.50 per share, for a total transaction of C$11,500.00.

Western Energy Services Stock Performance

Western Energy Services stock opened at C$2.17 on Friday. The stock’s 50 day moving average price is C$2.56 and its 200 day moving average price is C$2.69. The firm has a market capitalization of C$73.43 million, a PE ratio of -10.33, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. 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 one year low of C$1.85 and a one year high of C$3.31.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on Western Energy Services

About Western Energy Services

(Get Free Report)

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.