Could High Arctic Energy Services, Inc. Recover After Today’s Huge Decline?

 Could High Arctic Energy Services, Inc. Recover After Today's Huge Decline?

The stock of High Arctic Energy Services, Inc. (TSE:HWO) is a huge mover today! About 12,746 shares traded hands. High Arctic Energy Services, Inc. (TSE:HWO) has risen 24.94% since April 19, 2016 and is uptrending. It has outperformed by 19.61% the S&P500.
The move comes after 8 months negative chart setup for the $255.83 million company. It was reported on Nov, 23 by Barchart.com. We have $4.47 PT which if reached, will make TSE:HWO worth $15.35 million less.

More important recent High Arctic Energy Services, Inc. (TSE:HWO) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on August 10, 2009, also Marketwired.com published article titled: “High Arctic Energy Services Inc. Announces Acquisition of Tervita Corporation …”, Marketwired.com published: “High Arctic Energy Services Inc. Announces Closing of Acquisition of Tervita …” on September 01, 2016. More interesting news about High Arctic Energy Services, Inc. (TSE:HWO) was released by: Seekingalpha.com and their article: “High Arctic Energy Services Is The Best Value In The Canadian Oil Patch – Sort …” with publication date: June 25, 2015.

High Arctic Energy Services Inc. is a Canada company, which focuses on providing contract drilling, completion services, equipment rental and other oilfield services to the gas and oil industry. The company has a market cap of $255.83 million. The Firm operates through providing oilfield services to clients in Canada and Papua New Guinea segment. It has a 5.52 P/E ratio. In PNG, the product line consists of contract drilling services, workover services and equipment rental including rig mats, cranes and oilfield related equipment.

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