Pason Systems (TSE:PSI) Director Purchases C$41,880.00 in Stock

Posted by George Bondi on Oct 1st, 2026

Pason Systems Inc. (TSE:PSI – Get Free Report) Director Kenneth Brandon Mullen purchased 3,000 shares of the stock in a transaction on Wednesday, September 30th. The stock was acquired at an average cost of C$13.96 per share, for a total transaction of C$41,880.00. Following the completion of the acquisition, the director owned 8,000 shares of the company’s stock, valued at C$111,680. The trade was a 60.00% increase in their position.

Pason Systems Stock Performance

Shares of PSI stock traded up C$0.27 on Thursday, hitting C$14.12. The company had a trading volume of 55,340 shares, compared to its average volume of 238,532. The firm has a market cap of C$1.10 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 10.78 and a beta of 0.60. The company has a 50-day moving average price of C$13.90 and a 200-day moving average price of C$13.55. The company has a quick ratio of 3.54, a current ratio of 2.29 and a debt-to-equity ratio of 5.51. Pason Systems Inc. has a twelve month low of C$11.33 and a twelve month high of C$15.47.

Pason Systems (TSE:PSI – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported C$0.18 EPS for the quarter. The firm had revenue of C$100.78 million for the quarter. Pason Systems had a return on equity of 9.71% and a net margin of 11.53%. As a group, equities research analysts predict that Pason Systems Inc. will post 1.229765 earnings per share for the current fiscal year.

Pason Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Pason Systems’s payout ratio is 83.87%.

Analysts Set New Price Targets

Several research firms recently commented on PSI. TD dropped their price target on shares of Pason Systems from C$18.00 to C$15.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. Royal Bank Of Canada boosted their price target on shares of Pason Systems from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$15.83.

Read Our Latest Stock Report on PSI

About Pason Systems

(Get Free Report)

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.