Trican Well Service Ltd Declines Again; Strong Momentum for Sellers


The stock of Trican Well Service Ltd (TSE:TCW) is a huge mover today! About 986,164 shares traded hands or 17.31% up from the average. Trican Well Service Ltd (TSE:TCW) has risen 40.12% since February 5, 2016 and is uptrending. It has outperformed by 23.64% the S&P500.
The move comes after 7 months negative chart setup for the $420.43M company. It was reported on Sep, 13 by We have $1.91 PT which if reached, will make TSE:TCW worth $46.25M less.

Out of 7 analysts covering Trican Well Service Ltd. (TSE:TCW), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. Trican Well Service Ltd. has been the topic of 31 analyst reports since September 23, 2015 according to StockzIntelligence Inc.

Trican Well Service Ltd. is a Canada oilfield services company. The company has a market cap of $420.43 million. The Firm provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of gas and oil wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited activities in Saudi Arabia and Colombia. It currently has negative earnings. The Firm operates through three divisions: Canada, the United States and International.

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