Stampede Drilling (CVE:SDI) Stock Price Down 4.2% – Here’s What Happened

Shares of Stampede Drilling Inc. (CVE:SDIGet Free Report) were down 4.2% during mid-day trading on Friday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 56,793 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 122,938 shares. The stock had previously closed at C$0.24.

Stampede Drilling Stock Down 4.2%

The stock has a market cap of C$45.12 million, a PE ratio of 7.67 and a beta of 0.28. The business has a 50 day moving average price of C$0.23 and a 200 day moving average price of C$0.20. The company has a quick ratio of 0.82, a current ratio of 0.93 and a debt-to-equity ratio of 17.48.

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.

Recommended Stories

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.