Trican Well Service (OTCMKTS:TOLWF) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Trican Well Service Ltd. (OTCMKTS:TOLWF)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.47 and traded as low as $3.44. Trican Well Service shares last traded at $3.44, with a volume of 3,700 shares trading hands.

Trican Well Service Stock Up 0.9 %

The business has a fifty day moving average price of $3.38 and a two-hundred day moving average price of $3.47.

Trican Well Service Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a $0.0323 dividend. The ex-dividend date of this dividend is 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

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.