Trican Well Service (OTCMKTS:TOLWF) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Trican Well Service Ltd. (OTCMKTS:TOLWFGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.48 and traded as low as $3.15. Trican Well Service shares last traded at $3.29, with a volume of 64,519 shares.

Trican Well Service Stock Up 3.9 %

The company’s fifty day simple moving average is $3.48 and its 200 day simple moving average is $3.49.

Trican Well Service Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.0323 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 3.81%. Trican Well Service’s dividend payout ratio (DPR) is presently -145.40%.

Trican Well Service Company Profile

(Get Free Report)

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.

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