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

Stampede Drilling Inc. (CVE:SDI)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.18, with a volume of 3014 shares traded. The stock had previously closed at C$0.19.

Stampede Drilling Stock Down 2.7%

The firm has a market cap of C$35.32 million, a PE ratio of 9.00 and a beta of 0.66. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 25.59. The business has a 50-day moving average price of C$0.15 and a two-hundred day moving average price of C$0.14.

Stampede Drilling Company Profile

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.