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Stock Weekly: Pason Systems (PSI:CAD8.98) sinks 4.5% on weak volume

May 07, 2021 - News Bites Canadian Markets
Board and Executive Moves


Pason Systems Inc. (TSX:PSI), Canada's 2nd largest Oil & gas - services company by market cap, has dropped 42.0c (or 4.5%) in the past week to close at CAD8.98. Compared with the S&P/TSX 60 Index which rose 20.0 points (or 1.8%) in the week, this represented a relative price change of -6.5%. The stock fell for a second week on Friday bringing its a two-week fall to 62.0c or 6.5%.

The price ranged between a low of CAD9.08 on May 06 and a high of CAD9.40 o...