Stampede Drilling Inc. (CVE:SDI – Get 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
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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