Pason Systems (PSYTF) Expected to Announce Earnings on Thursday

Pason Systems (OTCMKTS:PSYTF) is projected to post its results before the market opens on Thursday, February 26th. Analysts expect Pason Systems to post earnings of $0.1044 per share and revenue of $72.2540 million for the quarter.

Pason Systems Stock Performance

Shares of PSYTF stock traded down $0.03 on Friday, hitting $9.30. 208 shares of the stock traded hands, compared to its average volume of 25,404. The company’s fifty day moving average is $8.89 and its 200 day moving average is $8.66. Pason Systems has a 1-year low of $7.51 and a 1-year high of $9.66.

About Pason Systems

Pason Systems Inc is a Calgary-based provider of data management, automation and software solutions for drilling operations in the oil and gas industry. Since its founding in 1975, the company has developed a suite of instrumentation and data analytics products designed to enhance the safety, efficiency and performance of drilling rigs. Pason’s core offering includes real-time data acquisition systems that collect and transmit drilling parameters such as rate of penetration, torque, hookload and mud flow, enabling operators to make informed decisions on the rig floor and in remote monitoring centers.

The company’s technology platform integrates hardware, software and communications services to deliver comprehensive wellsite data management.