What’s Next for Pason Systems Inc. After Today’s Huge Increase?

 What's Next for Pason Systems Inc. After Today's Huge Increase?

The stock of Pason Systems Inc. (TSE:PSI) is a huge mover today! About 63,763 shares traded hands. Pason Systems Inc. (TSE:PSI) has declined 12.27% since April 27, 2016 and is downtrending. It has underperformed by 18.20% the S&P500.
The move comes after 9 months positive chart setup for the $1.50B company. It was reported on Dec, 1 by Barchart.com. We have $18.34 PT which if reached, will make TSE:PSI worth $120.00 million more.

More news for Pason Systems Inc. (TSE:PSI) were recently published by: Seekingalpha.com, which released: “Pason Systems’ (PSYTF) CEO Marcel Kessler on Q2 2016 Results – Earnings Call …” on August 11, 2016. Seekingalpha.com‘s article titled: “Pason Systems’ (PSYTF) CEO Marcel Kessler on Q3 2016 Results – Earnings Call …” and published on November 10, 2016 is yet another important article.

Pason Systems Inc. is a provider of data management systems for drilling rigs. The company has a market cap of $1.50 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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