Trican Well Service (OTCMKTS:TOLWF) Share Price Passes Above 50-Day Moving Average – What’s Next?

Trican Well Service Ltd. (OTCMKTS:TOLWFGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.48 and traded as high as $3.70. Trican Well Service shares last traded at $3.59, with a volume of 12,095 shares.

Trican Well Service Stock Performance

The business has a 50-day moving average price of $3.48 and a 200 day moving average price of $3.50.

Trican Well Service Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.0323 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 3.81%. Trican Well Service’s dividend payout ratio (DPR) is presently -145.40%.

Trican Well Service Company Profile

(Get Free Report)

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.

Further Reading

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