Pason Systems Inc. (OTCMKTS:PSYTF – Get Free Report)’s share price was up 2.9% on Monday. The company traded as high as $10.0620 and last traded at $10.0620. Approximately 53,060 shares were traded during trading, an increase of 76% from the average session volume of 30,168 shares. The stock had previously closed at $9.78.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Pason Systems in a report on Wednesday, August 12th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.
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Pason Systems Price Performance
Pason Systems Company Profile
Pason Systems Inc is a Calgary-based technology company that provides specialized data-management and communications solutions for the oil and natural gas drilling industry. Its systems collect, process and transmit drilling data from rig sites, helping drilling contractors and energy companies monitor operations, improve efficiency and support safety and regulatory reporting.
The company’s offerings include electronic drilling recorders, wellsite data-acquisition systems, remote communications equipment, reporting tools and software platforms for managing drilling information.
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