Stampede Drilling (CVE:SDI) Trading 17.2% Higher – Should You Buy?

Stampede Drilling Inc. (CVE:SDIGet Free Report) rose 17.2% during trading on Friday . The company traded as high as C$0.18 and last traded at C$0.17. Approximately 138,250 shares traded hands during mid-day trading, an increase of 73% from the average daily volume of 80,085 shares. The stock had previously closed at C$0.15.

Stampede Drilling Stock Performance

The firm has a market capitalization of C$32.99 million, a price-to-earnings ratio of 4.61 and a beta of 0.13. The firm’s 50 day simple moving average is C$0.13 and its 200 day simple moving average is C$0.14. The company has a debt-to-equity ratio of 24.16, a quick ratio of 0.82 and a current ratio of 1.15.

Stampede Drilling Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Stampede Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stampede Drilling and related companies with MarketBeat.com's FREE daily email newsletter.