Pason Systems (OTCMKTS:PSYTF) Shares Down 1% – Should You Sell?

Pason Systems Inc. (OTCMKTS:PSYTFGet Free Report) fell 1% on Thursday . The company traded as low as $8.8550 and last traded at $8.8550. 6,883 shares were traded during trading, a decline of 71% from the average session volume of 23,730 shares. The stock had previously closed at $8.94.

Pason Systems Price Performance

The company has a fifty day simple moving average of $8.54 and a two-hundred day simple moving average of $8.70.

Pason Systems Company Profile

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Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.

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