Pason Systems Inc. (PSI) Set to Announce Quarterly Earnings on Tuesday
Pason Systems Inc. (TSE:PSI) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of C$0.12 per share for the quarter.
Shares of Pason Systems Inc. (TSE:PSI) opened at 18.55 on Tuesday. Pason Systems Inc. has a one year low of $14.79 and a one year high of $22.36. The stock’s market capitalization is $1.57 billion. The firm’s 50-day moving average is $18.37 and its 200-day moving average is $18.74.
In other news, insider Beurden Ryan Van sold 4,000 shares of Pason Systems stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of C$19.01, for a total transaction of C$76,040.00. Also, insider Russell Smith sold 2,500 shares of Pason Systems stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of C$19.25, for a total transaction of C$48,125.00. Over the last ninety days, insiders have sold 29,800 shares of company stock valued at $234,489.
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Separately, CIBC decreased their price objective on shares of Pason Systems from C$21.00 to C$18.00 in a research note on Friday, October 20th.
Pason Systems Company Profile
Pason Systems Inc is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company’s geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East.
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