Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.37 and traded as high as $3.45. Trican Well Service shares last traded at $3.45, with a volume of 350 shares.
Trican Well Service Trading Up 3.5 %
The firm’s fifty day moving average is $3.37 and its 200 day moving average is $3.48.
Trican Well Service Cuts Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.0323 per share. This represents a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, December 13th. Trican Well Service’s dividend payout ratio is currently -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.
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