Stampede Drilling (CVE:SDI) Trading Down 6.3% – Should You Sell?

Shares of Stampede Drilling Inc. (CVE:SDIGet Free Report) traded down 6.3% on Tuesday . The stock traded as low as C$0.15 and last traded at C$0.15. 6,500 shares were traded during trading, a decline of 92% from the average session volume of 84,006 shares. The stock had previously closed at C$0.16.

Stampede Drilling Trading Down 6.3%

The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 24.16. The firm’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.15. The stock has a market cap of C$30.63 million, a P/E ratio of 4.07 and a beta of 1.47.

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.

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