Pason Systems Inc. (TSE:PSI – Get Free Report) insider Celine Boston sold 13,200 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$14.46, for a total transaction of C$190,872.00. Following the completion of the sale, the insider directly owned 1,893 shares of the company’s stock, valued at C$27,372.78. This represents a 87.46% decrease in their position.
Pason Systems Trading Up 0.9%
Shares of PSI traded up C$0.12 during mid-day trading on Monday, reaching C$13.97. The stock had a trading volume of 232,151 shares, compared to its average volume of 230,790. The company has a debt-to-equity ratio of 5.79, a current ratio of 2.11 and a quick ratio of 3.54. Pason Systems Inc. has a 52-week low of C$11.09 and a 52-week high of C$15.47. The business’s fifty day moving average is C$13.80 and its 200 day moving average is C$12.87. The firm has a market cap of C$1.08 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 10.78 and a beta of 0.38.
Pason Systems (TSE:PSI – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.17 earnings per share (EPS) for the quarter. Pason Systems had a net margin of 11.31% and a return on equity of 9.49%. The firm had revenue of C$102.44 million during the quarter. On average, sell-side analysts predict that Pason Systems Inc. will post 1.229765 EPS for the current fiscal year.
Pason Systems Dividend Announcement
Analyst Upgrades and Downgrades
PSI has been the subject of several research analyst reports. TD Securities raised shares of Pason Systems from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. TD raised shares of Pason Systems from a “hold” rating to a “buy” rating and increased their target price for the stock from C$13.00 to C$18.00 in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$15.13.
Get Our Latest Research Report on PSI
Pason Systems Company Profile
Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company’s primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management.
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