Pason Systems (OTCMKTS:PSYTF) Shares Up 1% – Should You Buy?

Pason Systems Inc. (OTCMKTS:PSYTFGet Free Report)’s share price rose 1% during trading on Friday . The company traded as high as $10.69 and last traded at $10.68. Approximately 17,140 shares traded hands during trading, an increase of 92% from the average daily volume of 8,939 shares. The stock had previously closed at $10.57.

Pason Systems Price Performance

The company has a 50-day simple moving average of $10.20 and a two-hundred day simple moving average of $11.22.

Pason Systems Company Profile

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Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.

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