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

Stampede Drilling Inc. (CVE:SDIGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 7459399 shares changing hands. The stock had previously closed at C$0.12.

Stampede Drilling Stock Performance

The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 24.16. The business has a 50 day moving average price of C$0.13 and a two-hundred day moving average price of C$0.14. The stock has a market cap of C$21.99 million, a P/E ratio of 4.61 and a beta of 0.29.

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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