Trican Well Service Ltd. (TCW:CA) Rises 8.33%

Trican Well Service Ltd. (TCW:CA) Rises 8.33%

October 04 was a positive day for Trican Well Service Ltd. (TCW:CA) as its stock finished the day having gained 8.33% to hit a price of $1.04 a share. The company reached a market cap of 300.83 million and has 288.48 million shares outstanding. Trican Well Service Ltd. is a component of the the S&P/TSX SmallCap Index.

510,803 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Trican Well Service Ltd..

Trican Well Service Ltd is a Canada-based oilfield services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Dale Dusterhoft.

Trican Well Service Ltd. has hit a high of $2.31 and reached a low of $0.81 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.38.

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

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