Stampede Drilling (CVE:SDI) Shares Down 2.2% – What’s Next?

Stampede Drilling Inc. (CVE:SDIGet Free Report) traded down 2.2% during trading on Thursday . The company traded as low as C$0.22 and last traded at C$0.23. Approximately 47,260 shares traded hands during trading, a decline of 65% from the average daily volume of 133,222 shares. The stock had previously closed at C$0.23.

Stampede Drilling Stock Performance

The firm has a market capitalization of C$44.14 million, a PE ratio of 11.25 and a beta of 0.31. The company has a debt-to-equity ratio of 20.35, a quick ratio of 0.82 and a current ratio of 1.23. The company’s fifty day moving average price is C$0.22 and its two-hundred day moving average price is C$0.19.

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.

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