Hanwei Energy Services (TSE:HE) Hits New 1-Year Low at $0.01
Shares of Hanwei Energy Services Corp (TSE:HE) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 10000 shares changing hands. The stock had previously closed at C$0.02.
The firm has a market capitalization of $3.88 million and a PE ratio of -0.11. The company has a quick ratio of 0.15, a current ratio of 0.23 and a debt-to-equity ratio of 45.68. The stock’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.
Hanwei Energy Services (TSE:HE) last announced its earnings results on Wednesday, June 19th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$1.54 million for the quarter.
Hanwei Energy Services Corp., together with its subsidiaries, manufactures and sells high pressure fiberglass reinforced plastic pipes for the oil and gas, water transmission, and salt mining industries. The company operates through two segments, Pipe, and Oil and Gas. It provides fiber glass reinforced pipe products, such as line pipes, connecting systems, downhole pipes and casings, and fittings for oil and gas, marine, chemical and brine, and infrastructure applications in China, Canada, Middle Asia, and the Middle East.
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