Xtreme Drilling (TSE:XDC) Shares Down 5.9% – Time to Sell?
by Jessica Moore · The Cerbat GemShares of Xtreme Drilling Corp. (TSE:XDC – Get Free Report) fell 5.9% on Monday . The stock traded as low as C$1.90 and last traded at C$1.90. 24,700 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 26,004 shares. The stock had previously closed at C$2.02.
Xtreme Drilling Price Performance
The company has a quick ratio of 0.73, a current ratio of 1.23 and a debt-to-equity ratio of 11.91. The firm has a market capitalization of C$142.47 million and a PE ratio of -2.18. The firm’s fifty day simple moving average is C$1.90.
About Xtreme Drilling
Xtreme Drilling Corp., together with its subsidiaries, provides onshore drilling services in the United States. It designs, assembles, and operates a fleet of onshore drilling rigs that features proprietary technology, including modular transportation systems and continuous integration of in-house advances in methodologies.
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