Trican Well Service (OTCMKTS:TOLWF) Stock Price Passes Above 50-Day Moving Average of $3.19

Trican Well Service Ltd. (OTCMKTS:TOLWF)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.19 and traded as high as $3.36. Trican Well Service shares last traded at $3.36, with a volume of 822 shares trading hands.

Trican Well Service Stock Performance

The business has a 50 day moving average price of $3.19 and a two-hundred day moving average price of $3.12.

Trican Well Service Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.033 per share. This represents a dividend yield of 3.97%. The ex-dividend date of this dividend is Friday, June 14th. Trican Well Service’s dividend payout ratio (DPR) is presently -145.40%.

Trican Well Service Company Profile

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.