Stampede Drilling (CVE:SDI) Hits New 1-Year High – What’s Next?

Stampede Drilling Inc. (CVE:SDI – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday. The stock traded as high as C$0.25 and last traded at C$0.24, with a volume of 11,061 shares changing hands. The stock had previously closed at C$0.24.

Stampede Drilling Trading Up 8.7%

The company has a market capitalization of C$47.64 million, a P/E ratio of 8.33 and a beta of 0.57. The business has a fifty day moving average price of C$0.23 and a 200 day moving average price of C$0.21. The company has a quick ratio of 0.82, a current ratio of 0.93 and a debt-to-equity ratio of 17.48.

Stampede Drilling Company Profile

(Get Free Report)

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. Stampede Drilling Inc. is headquartered in Calgary, Canada.

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