Pason Systems (OTCMKTS:PSYTF) Trading 1% Higher – Here’s Why

Shares of Pason Systems Inc. (OTCMKTS:PSYTFGet Free Report) were up 1% on Friday . The company traded as high as $10.69 and last traded at $10.68. Approximately 17,140 shares were traded during trading, an increase of 92% from the average daily volume of 8,939 shares. The stock had previously closed at $10.57.

Pason Systems Stock Performance

The business has a 50-day moving average of $10.20 and a two-hundred day moving average of $11.22.

About Pason Systems

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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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