Trican Well Service Ltd. (TSE:TCW - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as C$4.03 and last traded at C$4.09, with a volume of 632504 shares. The stock had previously closed at C$4.55.
Analyst Ratings Changes
Several equities analysts have recently weighed in on TCW shares. ATB Capital raised their price objective on Trican Well Service from C$5.50 to C$6.00 in a report on Tuesday, December 10th. TD Securities lifted their target price on shares of Trican Well Service from C$4.50 to C$5.00 and gave the stock a "hold" rating in a report on Thursday, February 20th.
Check Out Our Latest Analysis on TCW
Trican Well Service Price Performance
The stock has a market cap of C$807.71 million, a PE ratio of 7.61, a P/E/G ratio of 0.22 and a beta of 1.73. The firm's 50 day moving average price is C$4.52 and its two-hundred day moving average price is C$4.73. The company has a debt-to-equity ratio of 5.89, a current ratio of 2.62 and a quick ratio of 1.75.
Trican Well Service Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Trican Well Service's previous quarterly dividend of $0.05. Trican Well Service's payout ratio is 32.02%.
Trican Well Service Company Profile
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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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