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Hanwei Energy Services continues significant downtrend; tumbles 9.1% February 03, 2017 17:00 EST

Feb 03, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Hanwei Energy Services Corp. (TSX:HE), Canada's 30th largest Oil & gas - services company by market cap, has tumbled 0.50c (9.1%) from its last trading session of February 02 to close at 5.0c. Compared with the S&P/TSX 60 Index which rose 4.9 points (0.5%) in the day, the relative price change was -9.6%. The volume was 0.2 times the average trading volume of 65,330 shares.

SECTION 1

HANWEI ENERGY SERVICES BEARISH SIGNALS

1.1 Fundamentals:

+ Net Profit margin has shown signs of deterioration in recent years. [Year ended, all figures in ...