Stampede Drilling Inc. (CVE:SDI – Get Free Report) shot up 17.2% during trading on Friday . The company traded as high as C$0.18 and last traded at C$0.17. 138,250 shares were traded during mid-day trading, an increase of 73% from the average session volume of 80,085 shares. The stock had previously closed at C$0.15.
Stampede Drilling Stock Performance
The firm has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.14. The company has a current ratio of 1.15, a quick ratio of 0.82 and a debt-to-equity ratio of 24.16. The company has a market capitalization of C$32.99 million, a price-to-earnings ratio of 4.61 and a beta of 0.13.
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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