Stampede Drilling (CVE:SDI) Trading Up 2.3% – Still a Buy?

Stampede Drilling Inc. (CVE:SDIGet Free Report)’s share price was up 2.3% during trading on Wednesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 33,500 shares were traded during trading, a decline of 77% from the average daily volume of 146,791 shares. The stock had previously closed at C$0.22.

Stampede Drilling Trading Up 2.3%

The company has a quick ratio of 0.82, a current ratio of 1.23 and a debt-to-equity ratio of 21.85. The stock has a market capitalization of C$44.14 million, a P/E ratio of 11.25 and a beta of 0.29. The company has a fifty day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.17.

Stampede Drilling Company Profile

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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. Stampede Drilling Inc is headquartered in Calgary, Canada.

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