Pason Systems (OTCMKTS:PSYTF) Shares Down 1% – Here’s Why

Pason Systems Inc. (OTCMKTS:PSYTFGet Free Report)’s stock price dropped 1% during mid-day trading on Thursday . The stock traded as low as $8.8550 and last traded at $8.8550. Approximately 6,883 shares traded hands during trading, a decline of 71% from the average daily volume of 23,730 shares. The stock had previously closed at $8.94.

Pason Systems Stock Performance

The business has a 50 day moving average price of $8.54 and a 200 day moving average price of $8.70.

About Pason Systems

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Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.

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