Trican Well Service (OTCMKTS:TOLWF) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Trican Well Service Ltd. (OTCMKTS:TOLWFGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.08 and traded as low as $4.0670. Trican Well Service shares last traded at $4.0910, with a volume of 7,164 shares trading hands.

Trican Well Service Price Performance

The business’s 50-day moving average price is $4.08 and its two-hundred day moving average price is $4.04.

Trican Well Service Company Profile

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Trican Well Service Ltd. is a Canada-based oilfield services company specializing in well completion and intervention solutions for the global energy sector. The company’s core offerings include hydraulic fracturing (fracing), coiled tubing, cementing, acidizing, nitrogen services and well stimulation technologies. Trican’s hydraulic fracturing operations are supported by a fleet of high-pressure pumping equipment designed to meet the demands of unconventional resource plays.

In addition to its pressure-pumping capabilities, Trican provides coiled tubing services for well cleanouts, stimulations and underbalanced operations, as well as cementing services that ensure zonal isolation and well integrity.

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