Stampede Drilling (CVE:SDI) Reaches New 52-Week Low – What’s Next?

Stampede Drilling Inc. (CVE:SDIGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.19 and last traded at C$0.21, with a volume of 83100 shares trading hands. The stock had previously closed at C$0.21.

Stampede Drilling Price Performance

The company has a current ratio of 1.29, a quick ratio of 0.82 and a debt-to-equity ratio of 21.29. The stock has a market capitalization of C$42.20 million, a P/E ratio of 5.13 and a beta of 1.47. The stock has a 50 day moving average of C$0.21 and a 200-day moving average of C$0.22.

Stampede Drilling Company Profile

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Stampede Drilling Inc provides oilfield services to the oil and natural gas industry in North America. It provides drilling rig services; and operates a fleet of telescopic double and triple drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019.

Further Reading

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