Stampede Drilling (CVE:SDI) Reaches New 1-Year High – Time to Buy?

Stampede Drilling Inc. (CVE:SDIGet Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as C$0.24 and last traded at C$0.23, with a volume of 69003 shares trading hands. The stock had previously closed at C$0.23.

Stampede Drilling Stock Performance

The company has a market cap of C$45.12 million, a price-to-earnings ratio of 11.50 and a beta of 0.26. The stock’s fifty day simple moving average is C$0.21 and its two-hundred day simple moving average is C$0.16. The company has a debt-to-equity ratio of 21.85, a quick ratio of 0.82 and a current ratio of 1.23.

About Stampede Drilling

(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.

Featured Articles

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.