Stampede Drilling (CVE:SDI) Stock Price Down 4.7% – Time to Sell?

Stampede Drilling Inc. (CVE:SDIGet Free Report) fell 4.7% on Wednesday . The company traded as low as C$0.20 and last traded at C$0.21. 80,233 shares traded hands during trading, a decline of 51% from the average session volume of 165,161 shares. The stock had previously closed at C$0.22.

Stampede Drilling Stock Performance

The company has a debt-to-equity ratio of 21.29, a quick ratio of 0.82 and a current ratio of 1.29. The company has a fifty day moving average of C$0.22 and a two-hundred day moving average of C$0.23. The firm has a market capitalization of C$43.26 million, a price-to-earnings ratio of 5.13 and a beta of 1.47.

About Stampede Drilling

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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.

Further Reading

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