Strad Energy Services Ltd (TSE:SDY) shot up 6.4% during trading on Thursday . The company traded as high as C$1.52 and last traded at C$1.50. 28,400 shares were traded during mid-day trading, a decline of 21% from the average session volume of 35,894 shares. The stock had previously closed at C$1.41.

The company’s 50 day moving average price is $1.48 and its 200 day moving average price is $1.42. The firm’s market capitalization is $90.02 million.

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About Strad Energy Services

Strad Energy Services Ltd., an energy services company, provides rental equipment and matting solutions to the oil and gas and energy infrastructure sectors in Canada and internationally. The company operates through Canadian Operations, U.S. Operations, and Product Sales segments. It engages in the rental of surface equipment, including BBL tank, light tower, premix tank, glycol heater, shale bin, tank farm, BBL insulated tank, agitator tank, floc tank, safety walkway, flare tank, BBL single and double horizontal storage tank, pump, portable vacuum system, containment system, generator, enviro vac building, road crossing/invert line crossing, and environmental product container products.

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