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

Trican Well Service Ltd. (OTCMKTS:TOLWF)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.41 and traded as low as $3.11. Trican Well Service shares last traded at $3.14, with a volume of 90,717 shares traded.

Trican Well Service Price Performance

The stock has a 50 day moving average price of $3.41 and a 200 day moving average price of $3.45.

Trican Well Service Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.0323 per share. This represents a yield of 3.81%. The ex-dividend date of this dividend was Friday, December 13th. Trican Well Service’s dividend payout ratio 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.