Trican Well Service Ltd. (TSE:TCW - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.59 and traded as high as C$4.73. Trican Well Service shares last traded at C$4.57, with a volume of 300,418 shares trading hands.
Analyst Ratings Changes
Several equities analysts have issued reports on TCW shares. Royal Bank Of Canada upped their target price on shares of Trican Well Service from C$5.50 to C$6.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. TD Securities lowered their target price on shares of Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating on the stock in a research note on Wednesday, April 16th.
Check Out Our Latest Research Report on Trican Well Service
Trican Well Service Stock Down 0.2%
The company has a current ratio of 2.62, a quick ratio of 1.75 and a debt-to-equity ratio of 5.89. The firm has a market cap of C$871.87 million, a P/E ratio of 8.22, a PEG ratio of 0.22 and a beta of 1.73. The company's 50 day simple moving average is C$4.32 and its 200-day simple moving average is C$4.59.
Trican Well Service Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 30th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date is Friday, June 13th. Trican Well Service's payout ratio is 32.02%.
About Trican Well Service
(
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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.
Further Reading
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