Trican Well Service (OTCMKTS:TOLWF) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Trican Well Service Ltd. (OTCMKTS:TOLWF) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.22 and traded as high as $3.29. Trican Well Service shares last traded at $3.25, with a volume of 55,809 shares changing hands.

Trican Well Service Stock Down 11.7 %

The company’s fifty day simple moving average is $3.21 and its two-hundred day simple moving average is $3.37.

Trican Well Service Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.0352 dividend. This is an increase from Trican Well Service’s previous dividend of $0.03. The ex-dividend date was Friday, March 14th. This represents a dividend yield of 4.61%. Trican Well Service’s dividend 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.