Stampede Drilling Inc. (CVE:SDI – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of C$0.23 and traded as high as C$0.24. Stampede Drilling shares last traded at C$0.24, with a volume of 53,632 shares trading hands.
Stampede Drilling Stock Up 6.7%
The firm has a 50-day moving average of C$0.23 and a 200 day moving average of C$0.21. The stock has a market capitalization of C$45.73 million, a price-to-earnings ratio of 8.00 and a beta of 0.57. The company has a current ratio of 0.93, a quick ratio of 0.82 and a debt-to-equity ratio of 17.48.
About Stampede Drilling
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. Stampede Drilling Inc is headquartered in Calgary, Canada.
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