Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.
Trican Well Service Price Performance
The business’s 50-day moving average is $3.48 and its 200 day moving average is $3.50.
Trican Well Service Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.0323 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a dividend yield of 3.81%. 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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