Shares of Stampede Drilling Inc. (CVE:SDI – Get Free Report) shot up 7.1% during trading on Friday . The stock traded as high as C$0.24 and last traded at C$0.23. 114,854 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 130,753 shares. The stock had previously closed at C$0.21.
Stampede Drilling Price Performance
The company has a market cap of C$47.09 million, a price-to-earnings ratio of 12.00 and a beta of 0.31. The company’s 50 day moving average price is C$0.22 and its 200 day moving average price is C$0.19. The company has a debt-to-equity ratio of 20.35, a quick ratio of 0.82 and a current ratio of 1.23.
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.
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