Stampede Drilling (CVE:SDI) Sets New 1-Year High – Here’s What Happened

Stampede Drilling Inc. (CVE:SDI – Get Free Report) shares hit a new 52-week high during trading on Monday. The stock traded as high as C$0.25 and last traded at C$0.24, with a volume of 11,061 shares traded. The stock had previously closed at C$0.24.

Stampede Drilling Stock Performance

The company has a debt-to-equity ratio of 17.48, a current ratio of 0.93 and a quick ratio of 0.82. The business’s 50-day moving average price is C$0.23 and its two-hundred day moving average price is C$0.21. The company has a market capitalization of C$45.73 million, a price-to-earnings ratio of 8.00 and a beta of 0.57.

Stampede Drilling Company Profile

(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.

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