Shares of Pason Systems Inc. (TSE:PSI - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$12.73. Pason Systems shares last traded at C$12.71, with a volume of 171,157 shares.
Analyst Upgrades and Downgrades
Separately, National Bankshares dropped their target price on Pason Systems from C$20.00 to C$19.50 and set a "sector perform" rating on the stock in a research report on Thursday, December 19th.
Get Our Latest Stock Analysis on PSI
Pason Systems Stock Performance
The company has a current ratio of 2.59, a quick ratio of 3.54 and a debt-to-equity ratio of 3.19. The firm has a market cap of C$1.02 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 10.78 and a beta of 1.58. The stock has a fifty day moving average price of C$13.48 and a 200 day moving average price of C$13.77.
Pason Systems Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date was Tuesday, December 17th. Pason Systems's dividend payout ratio is 36.70%.
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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