Shares of 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.
Wall Street Analyst Weigh In
TCW has been the topic of several recent analyst reports. ATB Capital lifted their price objective on Trican Well Service from C$5.50 to C$6.00 in a report on Tuesday, December 10th. BMO Capital Markets reduced their price target on shares of Trican Well Service from C$5.50 to C$5.00 in a report on Wednesday, October 30th. Raymond James dropped their price objective on shares of Trican Well Service from C$5.00 to C$4.75 in a report on Tuesday, October 15th. Finally, TD Securities lowered their target price on Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating for the company in a report on Tuesday, October 8th.
Read Our Latest Stock Report on TCW
Trican Well Service Stock Performance
The stock's 50-day moving average price is C$4.95 and its 200 day moving average price is C$4.84. The firm has a market cap of C$994.25 million, a P/E 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 Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a $0.045 dividend. 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 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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