Pason Systems traded at 15.40 this Tuesday May 5th, increasing 1.70 or 12.41 percent since the previous trading session. Looking back, over the last four weeks, Pason Systems gained 17.92 percent. Over the last 12 months, its price rose by 34.85 percent. Looking ahead, we forecast Pason Systems to be priced at 13.46 by the end of this quarter and at 12.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pason Systems Inc. is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The Company's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office. The Company's products include Pason Service, Automatic Driller, Choke Control, Electronic Drilling Recorder (EDR), Gas Analyzer, Hazardous Gas Alarm System and DataHub, among others. The Company's rig site products include Rig Communications, Rig Display and SideKick, among others. The Company's data analysis includes DataHub, Directional System, Drilling Guidance System (DGS), Live Rig View (LRV) and LRV Mobile (LRV), among others.