High Arctic Energy Services, Inc. (HWO) Downgraded by National Bank Financial to Sector Perform Overweight

National Bank Financial cut shares of High Arctic Energy Services, Inc. (TSE:HWO) from an outperform market weight rating to a sector perform overweight rating in a research note published on Friday morning.

Separately, Paradigm Capital decreased their target price on High Arctic Energy Services from C$8.00 to C$6.00 in a research report on Friday, July 21st.

Shares of High Arctic Energy Services (HWO) traded down C$0.17 during midday trading on Friday, hitting C$4.04. The company had a trading volume of 89,620 shares, compared to its average volume of 97,054. High Arctic Energy Services has a 1 year low of C$3.61 and a 1 year high of C$6.27.

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About High Arctic Energy Services

High Arctic Energy Services Inc is a Canada-based company, which focuses on providing contract drilling, completion services, equipment rental and other oilfield services to the oil and gas industry. The Company operates through providing oilfield services to customers in Canada and Papua New Guinea (PNG) segment.

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