Precision Drilling Corporation (PD:CA) Rises 5.35% for September 11

Precision Drilling Corporation (PD:CA) Rises 5.35% for September 11

September 11 was a positive day for Precision Drilling Corporation (PD:CA) as its stock finished the day having gained 5.35% to hit a price of $4.73 a share. The company reached a market cap of 1.39 billion and has 293.72 million shares outstanding. Precision Drilling Corporation is a component of the the S&P/TSX Composite Index.

1.65 million shares changed hands over the course of the day as compared to an average volume of 1.36 million over the last 30 days for Precision Drilling Corporation.

Precision Drilling Corp is a provider of oil and natural gas drilling and related services and products. It is engaged in providing contract drilling and completion and production services in Canada and United States.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Kevin A. Neveu.

Precision Drilling Corporation has hit a high of $5.33 and reached a low of $2.89 over its last year of trading. The stock’s 50-day SMA is now $4.77 and 200-day SMA is $4.28. As for its price valuations, the P/E ratio is at 0 and P/B is now 0.79.

Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.

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