Trican Well Service Ltd. (TSE:TCW - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$4.84 and traded as high as C$5.32. Trican Well Service shares last traded at C$5.18, with a volume of 418,791 shares traded.
Analyst Ratings Changes
Several equities analysts have issued reports on TCW shares. Raymond James cut their price objective on Trican Well Service from C$5.00 to C$4.75 in a research report on Tuesday, October 15th. 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 decreased their price objective on shares of Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating on the stock in a report on Tuesday, October 8th. Finally, ATB Capital boosted their target price on shares of Trican Well Service from C$5.50 to C$6.00 in a research note on Tuesday, December 10th.
Check Out Our Latest Analysis on TCW
Trican Well Service Stock Down 1.1 %
The firm has a 50 day moving average price of C$4.95 and a 200-day moving average price of C$4.84. The firm has a market cap of C$994.25 million, a price-to-earnings ratio of 9.09, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73. The company has a debt-to-equity ratio of 3.90, a current ratio of 2.60 and a quick ratio of 1.75.
Trican Well Service Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Friday, December 13th. Trican Well Service's dividend payout ratio is 31.58%.
About Trican Well Service
(
Get Free Report)
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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