Stampede Drilling (CVE:SDI) Shares Up 7.1% – What’s Next?

Stampede Drilling Inc. (CVE:SDIGet Free Report) shares were 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 changed hands during 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 Stock Performance

The company has a debt-to-equity ratio of 18.97, a quick ratio of 0.82 and a current ratio of 0.93. The firm’s 50 day moving average is C$0.22 and its 200-day moving average is C$0.19. The firm has a market cap of C$45.12 million, a price-to-earnings ratio of 11.50 and a beta of 0.31.

Stampede Drilling Company Profile

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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.

Further Reading

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