Stampede Drilling (CVE:SDI) Sets New 12-Month Low – Here’s What Happened

by · The Markets Daily

Shares of Stampede Drilling Inc. (CVE:SDI – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.11, with a volume of 7459399 shares trading hands. The stock had previously closed at C$0.12.

Stampede Drilling Stock Up 4.2%

The company has a market cap of C$24.99 million, a PE ratio of 4.61 and a beta of 0.29. The firm has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.14. The company has a debt-to-equity ratio of 24.16, a current ratio of 1.15 and a quick ratio of 0.82.

About Stampede Drilling

(Get Free Report)

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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