Could Pason Systems Inc. Recover After Today’s Huge Decline?

 Could Pason Systems Inc. Recover After Today's Huge Decline?

The stock of Pason Systems Inc. (TSE:PSI) is a huge mover today! About 61,768 shares traded hands. Pason Systems Inc. (TSE:PSI) has declined 8.18% since April 12, 2016 and is downtrending. It has underperformed by 12.87% the S&P500.
The move comes after 8 months negative chart setup for the $1.42 billion company. It was reported on Nov, 16 by We have $15.27 PT which if reached, will make TSE:PSI worth $85.20M less.

Another recent and important Pason Systems Inc. (TSE:PSI) news was published by which published an article titled: “Pason Systems Inc. Announces Quarterly Dividend” on November 09, 2016.

Pason Systems Inc. is a provider of data management systems for drilling rigs. The company has a market cap of $1.42 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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