Trican Well Service (OTCMKTS:TOLWF) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Trican Well Service Ltd. (OTCMKTS:TOLWFGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.43 and traded as low as $3.19. Trican Well Service shares last traded at $3.42, with a volume of 156,238 shares trading hands.

Trican Well Service Price Performance

The stock’s 50-day moving average price is $3.42 and its 200 day moving average price is $3.46.

Trican Well Service Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a $0.0323 dividend. This represents a dividend yield of 3.81%. The ex-dividend date of this dividend was Friday, December 13th. Trican Well Service’s dividend payout ratio is -145.40%.

Trican Well Service Company Profile

(Get Free Report)

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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