Stampede Drilling (CVE:SDI) Shares Down 4.8% – Time to Sell?

Shares of Stampede Drilling Inc. (CVE:SDI) traded down 4.8% on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20. 104,151 shares traded hands during trading, an increase of 27% from the average session volume of 82,115 shares. The stock had previously closed at C$0.21.

Stampede Drilling Price Performance

The company has a market cap of C$39.24 million, a PE ratio of 10.00 and a beta of 0.66. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 25.59. The firm has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.14.

Stampede Drilling Company Profile

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.