Pason Systems Inc. (TSE:PSI) insider Kevin Boston bought 900 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was acquired at an average cost of C$13.54 per share, with a total value of C$12,186.00.

Kevin Boston also recently made the following trade(s):

  • On Tuesday, November 14th, Kevin Boston bought 500 shares of Pason Systems stock. The stock was acquired at an average cost of C$14.26 per share, with a total value of C$7,130.00.

Shares of Pason Systems Inc. (TSE:PSI) traded down C$0.03 during trading hours on Monday, hitting C$17.32. The company had a trading volume of 161,250 shares, compared to its average volume of 96,864. Pason Systems Inc. has a twelve month low of C$16.65 and a twelve month high of C$22.36.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.68 annualized dividend and a dividend yield of 3.93%. Pason Systems’s dividend payout ratio is 485.71%.

PSI has been the subject of several recent analyst reports. CIBC decreased their target price on Pason Systems from C$21.00 to C$18.00 in a research report on Friday, October 20th. National Bank Financial cut Pason Systems from an “outperform” rating to a “sector perform” rating and set a C$22.00 target price for the company. in a research report on Wednesday, November 8th.

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Pason Systems Company Profile

Pason Systems Inc is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company’s geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East.

Insider Buying and Selling by Quarter for Pason Systems (TSE:PSI)

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