Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.48 and traded as high as $3.70. Trican Well Service shares last traded at $3.59, with a volume of 12,095 shares.
Trican Well Service Stock Down 1.8 %
The company has a 50 day moving average price of $3.48 and a 200-day moving average price of $3.50.
Trican Well Service Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.0323 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 3.81%. Trican Well Service’s payout ratio is currently -145.40%.
About Trican Well Service
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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