Pason Systems (TSE:PSI – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 7th.
Pason Systems Price Performance
TSE:PSI opened at C$15.54 on Tuesday. The business’s 50-day moving average price is C$17.29 and its 200 day moving average price is C$15.89. The firm has a market cap of C$1.24 billion, a P/E ratio of 9.48, a PEG ratio of 10.78 and a beta of 1.70. Pason Systems has a 52-week low of C$12.33 and a 52-week high of C$18.59. The company has a quick ratio of 3.54, a current ratio of 2.65 and a debt-to-equity ratio of 3.44.
Pason Systems Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 28th were paid a $0.13 dividend. The ex-dividend date was Friday, June 14th. This represents a $0.52 dividend on an annualized basis and a yield of 3.35%. Pason Systems’s dividend payout ratio is currently 31.71%.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Pason Systems
Insiders Place Their Bets
In other Pason Systems news, Senior Officer Bryce Mclean sold 4,250 shares of the business’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of C$18.00, for a total value of C$76,500.00. In other news, Senior Officer Russell Smith sold 13,000 shares of the company’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of C$15.50, for a total transaction of C$201,500.00. Also, Senior Officer Bryce Mclean sold 4,250 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of C$18.00, for a total value of C$76,500.00. Insiders have sold 112,850 shares of company stock valued at $1,877,989 over the last three months. 0.31% of the stock is currently owned by insiders.
About Pason Systems
Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.
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