Trican Well Service (OTCMKTS:TOLWF) Stock Crosses Below 50 Day Moving Average of $3.59

Trican Well Service Ltd. (OTCMKTS:TOLWF) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $3.59 and traded as low as $3.38. Trican Well Service shares last traded at $3.40, with a volume of 6,975 shares changing hands.

Trican Well Service Stock Up 1.7 %

The stock has a fifty day moving average of $3.59 and a two-hundred day moving average of $3.33.

Trican Well Service Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a dividend of $0.0326 per share. This represents a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 13th. Trican Well Service’s dividend payout ratio is presently -145.40%.

About Trican Well Service

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.