The stock of Pason Systems Inc. (TSE:PSI) is a huge mover today! About 127,091 shares traded hands. Pason Systems Inc. (TSE:PSI) has declined 8.18% since March 31, 2016 and is downtrending. It has underperformed by 9.27% the S&P500.
The move comes after 9 months positive chart setup for the $1.28B company. It was reported on Nov, 4 by Barchart.com. We have $22.64 PT which if reached, will make TSE:PSI worth $614.40 million more.
More important recent Pason Systems Inc. (TSE:PSI) news were published by: Seekingalpha.com which released: “Pason Systems’ (PSYTF) CEO Marcel Kessler on Q2 2016 Results – Earnings Call …” on August 11, 2016, also Seekingalpha.com published article titled: “Pason Systems Is A Cash Cow (PSYTF)”, Seekingalpha.com published: “Pason Systems: Up 14% But Still A Good Value (PSYTF)” on May 19, 2015. More interesting news about Pason Systems Inc. (TSE:PSI) was released by: Seekingalpha.com and their article: “Pason Systems – Fully Valued Entering A Tough Year (PSYTF)” with publication date: March 04, 2015.
Pason Systems Inc. is a provider of data management systems for drilling rigs. The company has a market cap of $1.28 billion. The Firm offers solutions, which include data acquisition, wellsite reporting, remote communications, and Web information management, enables collaboration between the rig and the office. It currently has negative earnings. It operates through three geographic divisions: Canada, the United States, and International .
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