Pason Systems (PSYTF) Expected to Announce Earnings on Thursday

Pason Systems (OTCMKTS:PSYTF – Get Free Report) is expected to be posting its resultson Thursday, November 5th. Analysts expect Pason Systems to announce earnings of $0.1709 per share and revenue of $78.43 million for the quarter.

Pason Systems Trading Up 3.1%

Shares of OTCMKTS:PSYTF opened at $10.51 on Thursday. The stock has a 50 day moving average of $10.17 and a 200 day moving average of $9.64. Pason Systems has a 12-month low of $8.23 and a 12-month high of $11.33.

Wall Street Analyst Weigh In

A number of research firms have commented on PSYTF. TD Securities cut shares of Pason Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Pason Systems in a report on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Pason Systems

Pason Systems Company Profile

(Get Free Report)

Pason Systems Inc is a Canadian technology company that provides data-management and automation solutions for the energy industry, with a primary focus on oil and gas drilling operations. The company develops and supports systems that collect, transmit, display and analyze information from drilling rigs, helping operators improve operational visibility, safety and efficiency.

Its products and services include electronic drilling-recording systems, wellsite data acquisition and communications equipment, real-time monitoring tools, reporting applications and software for managing drilling information.

Further Reading

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