TD Securities Cuts Trican Well Service (TSE:TCW) Price Target to C$4.75

Trican Well Service (TSE:TCW - Get Free Report) had its price objective decreased by investment analysts at TD Securities from C$5.00 to C$4.75 in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a "hold" rating on the stock. TD Securities' price objective would indicate a potential upside of 13.64% from the stock's current price.

Trican Well Service Trading Up 0.5 %

Shares of TCW traded up C$0.02 during midday trading on Wednesday, hitting C$4.18. The stock had a trading volume of 183,083 shares, compared to its average volume of 594,195. Trican Well Service has a fifty-two week low of C$3.69 and a fifty-two week high of C$5.45. The business has a 50-day simple moving average of C$4.45 and a two-hundred day simple moving average of C$4.70. The company has a current ratio of 2.62, a quick ratio of 1.75 and a debt-to-equity ratio of 5.89. The firm has a market cap of C$788.84 million, a P/E ratio of 7.44, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73.

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.