Trican Well Service (OTCMKTS:TOLWF) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.37 and traded as high as $3.45. Trican Well Service shares last traded at $3.45, with a volume of 350 shares.

Trican Well Service Stock Up 3.5 %

The firm has a fifty day moving average of $3.38 and a two-hundred day moving average of $3.48.

Trican Well Service Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a $0.0323 dividend. This represents a dividend yield of 3.81%. The ex-dividend date is Friday, December 13th. Trican Well Service’s dividend payout ratio (DPR) is currently -145.40%.

Trican Well Service Company Profile

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.