Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.43 and traded as low as $3.19. Trican Well Service shares last traded at $3.42, with a volume of 156,238 shares traded.
Trican Well Service Price Performance
The stock’s 50 day simple moving average is $3.42 and its 200-day simple moving average is $3.46.
Trican Well Service Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a $0.0323 dividend. This represents a yield of 3.81%. The ex-dividend date of this dividend was Friday, December 13th. Trican Well Service’s dividend payout ratio (DPR) is presently -145.40%.
Trican Well Service Company Profile
Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services.
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