Stampede Drilling (CVE:SDI) Trading 2.3% Higher – Here’s Why

Stampede Drilling Inc. (CVE:SDIGet Free Report) shares were up 2.3% during mid-day trading on Monday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 16,075 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 114,735 shares. The stock had previously closed at C$0.22.

Stampede Drilling Price Performance

The company has a quick ratio of 0.82, a current ratio of 0.93 and a debt-to-equity ratio of 17.48. The business’s 50-day simple moving average is C$0.23 and its 200 day simple moving average is C$0.22. The firm has a market capitalization of C$42.87 million, a P/E ratio of 7.50 and a beta of 0.23.

About Stampede Drilling

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Stampede Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stampede Drilling and related companies with MarketBeat.com's FREE daily email newsletter.