Pason Systems Inc. (TSE:PSI – Get Rating)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$14.52 and traded as high as C$16.06. Pason Systems shares last traded at C$15.92, with a volume of 69,618 shares trading hands.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Barclays lifted their target price on shares of Pason Systems from C$14.00 to C$15.00 in a research report on Wednesday, November 9th. National Bankshares lifted their target price on shares of Pason Systems from C$19.00 to C$20.00 and gave the company a “sector perform” rating in a research report on Friday, November 4th. Finally, BMO Capital Markets lifted their price target on shares of Pason Systems from C$23.00 to C$24.00 in a research note on Thursday, November 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$19.58.
Pason Systems Price Performance
The stock has a market capitalization of C$1.30 billion and a PE ratio of 15.92. The firm’s 50 day simple moving average is C$14.09 and its 200 day simple moving average is C$14.52. The company has a debt-to-equity ratio of 1.64, a current ratio of 3.83 and a quick ratio of 3.54.
Pason Systems Increases Dividend
About Pason Systems
Pason Systems Inc, an energy services and technology company, provides data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which monitors and records drilling operations around the rig; DataHub for storing data and information collected from the rig for on-demand retrieval; DataLink service provides direct connection interfaces for IT systems and analytics tools; Pason Live for monitoring rig operations in real-time using desktop computers or mobile devices; and daily and end-of-well KPI reports provide visual statistics on rig performance.
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Use The Airbnb Stock Implosion to Your Advantage
- International Game Technology is Well Worth the Gamble
- Why Lowe’s Is Up And Home Depot Down
- The TJX Companies Could Break Out To New Highs
Receive News & Ratings for Pason Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pason Systems and related companies with MarketBeat.com's FREE daily email newsletter.