Raymond James Lowers Trinidad Drilling (TDGCF) to Market Perform

Raymond James cut shares of Trinidad Drilling (OTCMKTS:TDGCF) from an outperform rating to a market perform rating in a report released on Wednesday morning, The Fly reports.

Shares of TDGCF stock opened at $1.28 on Wednesday. Trinidad Drilling has a fifty-two week low of $1.04 and a fifty-two week high of $1.66.

Trinidad Drilling Company Profile

Trinidad Drilling Ltd. designs, builds, and operates drilling rigs for complex wells primarily in Canada, the United States, and internationally. It provides land drilling services. The company operates 70 rigs in Canada; and 69 rigs in the United States and internationally. It also engages in construction and insurance businesses; and provides rig technology and labor services.

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