Trican Well Service (OTCMKTS:TOLWF) Shares Cross Below 50-Day Moving Average – Time to Sell?

Trican Well Service Ltd. (OTCMKTS:TOLWF)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.41 and traded as low as $3.11. Trican Well Service shares last traded at $3.14, with a volume of 90,717 shares trading hands.

Trican Well Service Stock Performance

The company has a 50 day simple moving average of $3.41 and a two-hundred day simple moving average of $3.45.

Trican Well Service Cuts Dividend

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