Stampede Drilling (CVE:SDI) Reaches New 52-Week High – Here’s What Happened

Shares of Stampede Drilling Inc. (CVE:SDIGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$0.18 and last traded at C$0.17, with a volume of 12715 shares traded. The stock had previously closed at C$0.17.

Stampede Drilling Trading Down 2.8%

The company has a debt-to-equity ratio of 30.50, a quick ratio of 0.82 and a current ratio of 0.81. The firm has a market cap of C$34.99 million, a price-to-earnings ratio of 4.61 and a beta of 0.13. The business has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.14.

Stampede Drilling Company Profile

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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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