Stampede Drilling (CVE:SDI) Stock Price Down 3.8% – What’s Next?

Stampede Drilling Inc. (CVE:SDIGet Free Report) shares fell 3.8% during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 65,129 shares were traded during trading, a decline of 34% from the average session volume of 99,313 shares. The stock had previously closed at C$0.13.

Stampede Drilling Stock Down 3.8%

The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 24.16. The company has a market capitalization of C$25.52 million, a PE ratio of 3.39 and a beta of 1.47. The stock has a 50-day moving average of C$0.14 and a 200 day moving average of C$0.16.

Insider Activity at Stampede Drilling

In other news, Director Lyle Clarence Whitmarsh bought 180,000 shares of the stock in a transaction on Wednesday, April 9th. The shares were purchased at an average cost of C$0.14 per share, for a total transaction of C$25,200.00. Over the last three months, insiders acquired 523,000 shares of company stock valued at $74,455. 5.24% of the stock is owned by insiders.

Stampede Drilling Company Profile

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Stampede Drilling Inc provides oilfield services to the oil and natural gas industry in North America. It provides drilling rig services; and operates a fleet of telescopic double and triple drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019.

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