Pason Systems Inc. (OTCMKTS:PSYTF – Get Free Report) dropped 0.3% during mid-day trading on Tuesday . The company traded as low as $8.76 and last traded at $8.76. Approximately 60,300 shares were traded during trading, an increase of 56% from the average daily volume of 38,640 shares. The stock had previously closed at $8.7840.
Pason Systems Stock Down 0.3%
The business’s 50 day moving average price is $8.69 and its 200-day moving average price is $8.62.
About Pason Systems
Pason Systems Inc is a Calgary-based provider of data management, automation and software solutions for drilling operations in the oil and gas industry. Since its founding in 1975, the company has developed a suite of instrumentation and data analytics products designed to enhance the safety, efficiency and performance of drilling rigs. Pason’s core offering includes real-time data acquisition systems that collect and transmit drilling parameters such as rate of penetration, torque, hookload and mud flow, enabling operators to make informed decisions on the rig floor and in remote monitoring centers.
The company’s technology platform integrates hardware, software and communications services to deliver comprehensive wellsite data management.
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