Trican Well Service Ltd. (TSE:TCW - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six brokerages that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$5.72.
TCW has been the topic of several recent research reports. Raymond James reduced their price target on shares of Trican Well Service from C$5.00 to C$4.75 in a report on Tuesday, October 15th. Cormark increased their target price on Trican Well Service from C$6.00 to C$6.50 in a report on Monday, July 29th. BMO Capital Markets cut their price target on Trican Well Service from C$5.50 to C$5.00 in a report on Wednesday, October 30th. TD Securities reduced their price objective on Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating on the stock in a research report on Tuesday, October 8th. Finally, Royal Bank of Canada lifted their price objective on Trican Well Service from C$5.50 to C$6.00 and gave the stock an "outperform" rating in a research report on Thursday, August 1st.
Check Out Our Latest Stock Report on Trican Well Service
Trican Well Service Price Performance
Trican Well Service stock remained flat at C$4.79 during trading hours on Friday. The company's stock had a trading volume of 332,900 shares, compared to its average volume of 702,702. Trican Well Service has a 12 month low of C$3.79 and a 12 month high of C$5.24. The company has a market cap of C$919.39 million, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73. The firm has a fifty day simple moving average of C$4.70 and a two-hundred day simple moving average of C$4.65. The company has a quick ratio of 1.75, a current ratio of 2.60 and a debt-to-equity ratio of 3.90.
Trican Well Service Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend is Friday, December 13th. Trican Well Service's payout ratio is 31.58%.
Trican Well Service Company Profile
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Get Free ReportTrican 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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