Pason Systems (PSYTF) Expected to Release Quarterly Earnings on Thursday

by · The Markets Daily

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

Pason Systems Stock Down 1.0%

Shares of PSYTF opened at $9.97 on Wednesday. Pason Systems has a 1 year low of $8.23 and a 1 year high of $11.33. The company has a 50 day simple moving average of $10.19 and a two-hundred day simple moving average of $9.67.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PSYTF. TD Securities downgraded shares of Pason Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Pason Systems in a research note 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on PSYTF

Pason Systems Company Profile

(Get Free Report)

Pason Systems Inc is a Canadian technology company that provides data-management and communications solutions for the oil and natural gas drilling industry. Its systems are designed to collect, manage and distribute wellsite information, helping drilling contractors and energy companies monitor operations, improve efficiency and support decision-making.

The company’s products and services include electronic drilling recorders, wellsite data-acquisition systems, remote communications, cloud-based data management and drilling-information visualization tools.

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