Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.43 and traded as low as $3.19. Trican Well Service shares last traded at $3.42, with a volume of 156,238 shares changing hands.
Trican Well Service Stock Performance
The company has a 50 day moving average price of $3.43 and a 200 day moving average price of $3.47.
Trican Well Service Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a dividend of $0.0323 per share. This represents a yield of 3.81%. The ex-dividend date was Friday, December 13th. Trican Well Service’s dividend payout ratio is presently -145.40%.
Trican Well Service Company Profile
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.
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