Trican Well Service Ltd. (TSE:TCW - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.82 and traded as high as C$5.39. Trican Well Service shares last traded at C$5.37, with a volume of 382,364 shares changing hands.
Analysts Set New Price Targets
TCW has been the topic of a number of analyst reports. TD Securities cut their price target on Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating on the stock in a research note on Tuesday, October 8th. Raymond James dropped their target price on Trican Well Service from C$5.00 to C$4.75 in a report on Tuesday, October 15th. ATB Capital raised their price target on Trican Well Service from C$5.50 to C$6.00 in a report on Tuesday, December 10th. Finally, BMO Capital Markets dropped their price target on shares of Trican Well Service from C$5.50 to C$5.00 in a research note on Wednesday, October 30th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of C$5.57.
Get Our Latest Stock Analysis on TCW
Trican Well Service Stock Down 2.0 %
The stock has a market cap of C$1.01 billion, a PE ratio of 9.23, a PEG 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. The company has a 50 day moving average price of C$4.87 and a two-hundred day moving average price of C$4.82.
Trican Well Service Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Friday, December 13th. Trican Well Service's dividend payout ratio is currently 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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