Trican Well Service Ltd (TCW) Insider Sells C$24,858.87 in Stock
Trican Well Service Ltd (TSE:TCW) insider Etienne Poulin sold 7,333 shares of the stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of C$3.39, for a total value of C$24,858.87.
Shares of Trican Well Service Ltd (TSE TCW) traded down C$0.10 during midday trading on Wednesday, reaching C$3.23. The company’s stock had a trading volume of 1,669,914 shares, compared to its average volume of 3,060,737. The company has a market cap of $1,140.00, a price-to-earnings ratio of -64.60 and a beta of -0.34. Trican Well Service Ltd has a fifty-two week low of C$2.88 and a fifty-two week high of C$5.34.
A number of brokerages recently issued reports on TCW. TD Securities dropped their price objective on Trican Well Service from C$5.50 to C$4.50 and set a “hold” rating on the stock in a report on Tuesday, December 12th. National Bank Financial dropped their price objective on Trican Well Service from C$7.50 to C$5.50 and set an “outperform” rating on the stock in a report on Thursday, February 22nd. CIBC dropped their price objective on Trican Well Service from C$6.50 to C$5.75 in a report on Friday, February 23rd. Canaccord Genuity dropped their price objective on Trican Well Service from C$6.00 to C$5.25 in a report on Friday, February 23rd. Finally, Scotiabank set a C$7.25 price objective on Trican Well Service and gave the stock an “outperform” rating in a report on Thursday, January 18th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$5.68.
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Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia.
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