Pason Systems Inc. (PSI) Set to Announce Earnings on Tuesday
Pason Systems Inc. (TSE:PSI) is set to release its earnings data after the market closes on Tuesday, November 7th. Analysts expect Pason Systems to post earnings of C$0.12 per share for the quarter.
Shares of Pason Systems Inc. (TSE:PSI) opened at C$19.52 on Monday.
In other Pason Systems news, insider Beurden Ryan Van sold 4,000 shares of Pason Systems stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of C$19.01, for a total transaction of C$76,040.00. Also, insider Russell Smith sold 5,000 shares of Pason Systems stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of C$18.98, for a total value of C$94,900.00. In the last three months, insiders sold 29,800 shares of company stock worth $234,489.
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Separately, CIBC cut their price target on Pason Systems from C$21.00 to C$18.00 in a report on Friday, October 20th.
About Pason Systems
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.
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