Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.60 and traded as high as $3.73. Trican Well Service shares last traded at $3.73, with a volume of 6,136 shares.
Trican Well Service Stock Down 5.9 %
The stock’s fifty day simple moving average is $3.60 and its 200-day simple moving average is $3.38.
Trican Well Service Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a dividend of $0.0326 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a yield of 3.7%. Trican Well Service’s dividend 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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