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home / news releases / PSYTF - Pason Systems: Weaknesses Galore Balance Sheet Holds It Together

PSYTF - Pason Systems: Weaknesses Galore Balance Sheet Holds It Together

Pason Systems Inc
  • Drilling activity slowdown in the U.S. will continue to affect Pason's near-term outlook, but much less than in Q2.
  • Increased free cash flow, zero debt, and a dividend reduction will improve liquidity and help it sustain the current downturn.
  • The stock is reasonably valued at the current level.

For further details see:

Pason Systems: Weaknesses Galore, Balance Sheet Holds It Together
Stock Information
Company Name: Pason Systems Inc
Stock Symbol: PSYTF
Market: OTC
Website: pason.com
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