The stock of Trican Well Service Ltd (TSE:TCW) is a huge mover today! About 394,404 shares traded hands. Trican Well Service Ltd (TSE:TCW) has risen 144.92% since April 1, 2016 and is uptrending. It has outperformed by 142.96% the S&P500.
The move comes after 5 months positive chart setup for the $548.48 million company. It was reported on Nov, 7 by Barchart.com. We have $3.85 PT which if reached, will make TSE:TCW worth $175.51 million more.
Trican Well Service Ltd (TSE:TCW) Ratings Coverage
Out of 9 analysts covering Trican Well Service Ltd. (TSE:TCW), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. $5.5 is the highest target while $0.55 is the lowest. The $2.38 average target is -18.49% below today’s ($2.92) stock price. Trican Well Service Ltd. has been the topic of 48 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Trican Well Service Ltd (TSE:TCW) earned “Sector Underperformer” rating by IBC on Wednesday, September 23. PI Financial upgraded the stock to “Buy” rating in Wednesday, January 27 report. PI Financial downgraded the stock to “Neutral” rating in Friday, October 7 report. Canaccord Genuity upgraded Trican Well Service Ltd (TSE:TCW) on Monday, September 28 to “Speculative Buy” rating. RBC Capital Markets downgraded Trican Well Service Ltd (TSE:TCW) on Monday, October 5 to “Sector Perform” rating. FirstEnergy Capital upgraded the stock to “Outperform” rating in Wednesday, January 27 report. On Monday, August 17 the stock rating was maintained by TD Securities with “Hold”. The company was upgraded on Thursday, January 14 by Raymond James. The company was upgraded on Wednesday, January 27 by TD Securities. The firm has “Market Perform” rating given on Friday, October 7 by Raymond James.
More news for Trican Well Service Ltd (TSE:TCW) were recently published by: Marketwired.com, which released: “Trican Well Service Ltd. Reports Second Quarter Results for 2016” on August 12, 2016. Marketwired.com‘s article titled: “Trican Well Service Announces Closing of $69 Million Bought Deal Financing and …” and published on June 21, 2016 is yet another important article.
Trican Well Service Ltd. is a Canada oilfield services company. The company has a market cap of $548.48 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.