Shares of Aveda Transportation and Energy Services Inc. (CVE:AVE – Get Free Report) shot up 1% during mid-day trading on Monday. The stock traded as high as C$1.06 and last traded at C$1.04. 45,086 shares changed hands during trading, a decline of 77% from the average daily volume of 199,524 shares. The stock had previously closed at C$1.03.
Aveda Transportation and Energy Services Stock Performance
The stock has a 50-day moving average price of C$1.04 and a 200 day moving average price of C$1.04.
About Aveda Transportation and Energy Services
Aveda Transportation and Energy Services Inc. provides specialized transportation services and equipment required for the exploration, development, and production of petroleum resources in Western Canada and the United States. Its services include rig moving, heavy hauling, and hot shot, as well as oilfield services. The company is also involved in the rental of tanks, mats, pickers, light towers, well-site shacks, and other equipment associated with oilfield operations. It has primary operations in Calgary, Leduc, and Edson, Alberta; Marshall, Pleasanton, Pecos, and Midland, Texas; Williamsport, Pennsylvania; Williston, North Dakota; Oklahoma City, Oklahoma; and Casper, Wyoming.
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