Trican Well Service (OTCMKTS:TOLWF) Stock Price Crosses Below 50-Day Moving Average of $2.55

Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Rating)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.55 and traded as low as $2.10. Trican Well Service shares last traded at $2.14, with a volume of 101,946 shares traded.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus decreased their price objective on Trican Well Service from C$6.50 to C$5.75 in a research note on Friday, February 24th.

Trican Well Service Price Performance

The stock has a 50 day moving average price of $2.55 and a 200 day moving average price of $2.60.

Trican Well Service Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th will be issued a $0.0295 dividend. This represents a dividend yield of 4.9%. The ex-dividend date is Tuesday, March 14th. Trican Well Service’s payout ratio is -145.40%.

Trican Well Service Company Profile

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Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada.