Trican Well Service Ltd. (TSE:TCW - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.
Analyst Upgrades and Downgrades
Several research firms have weighed in on TCW. BMO Capital Markets lowered their price objective 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 target on shares of Trican Well Service from C$5.00 to C$4.75 in a research report on Tuesday, October 15th. TD Securities cut their target price on Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating on the stock in a research report on Tuesday, October 8th. Finally, ATB Capital increased their price target on Trican Well Service from C$5.50 to C$6.00 in a research report on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of C$5.57.
View Our Latest Research Report on TCW
Trican Well Service Stock Performance
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. The stock has a market capitalization of C$1.01 billion, a P/E ratio of 9.23, a PEG ratio of 0.22 and a beta of 1.73. The company has a quick ratio of 1.75, a current ratio of 2.60 and a debt-to-equity ratio of 3.90.
Trican Well Service Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.045 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.18 dividend on an annualized basis and a yield of 3.42%. 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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