Trican Well Service (OTCMKTS:TOLWF) Trading Up 1.8% – Here’s Why

Shares of Trican Well Service Ltd. (OTCMKTS:TOLWFGet Free Report) rose 1.8% on Monday . The stock traded as high as $4.36 and last traded at $4.36. Approximately 42,403 shares changed hands during trading, an increase of 10% from the average daily volume of 38,527 shares. The stock had previously closed at $4.2820.

Trican Well Service Price Performance

The company has a 50-day simple moving average of $4.19 and a 200 day simple moving average of $4.16.

About Trican Well Service

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Trican Well Service Ltd. is a Canada-based oilfield services company specializing in well completion and intervention solutions for the global energy sector. The company’s core offerings include hydraulic fracturing (fracing), coiled tubing, cementing, acidizing, nitrogen services and well stimulation technologies. Trican’s hydraulic fracturing operations are supported by a fleet of high-pressure pumping equipment designed to meet the demands of unconventional resource plays.

In addition to its pressure-pumping capabilities, Trican provides coiled tubing services for well cleanouts, stimulations and underbalanced operations, as well as cementing services that ensure zonal isolation and well integrity.

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