AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.67 and traded as low as C$1.65. AKITA Drilling shares last traded at C$1.67, with a volume of 10,303 shares changing hands.
AKITA Drilling Price Performance
The business has a 50 day simple moving average of C$1.70 and a 200 day simple moving average of C$1.67. The company has a market capitalization of C$61.69 million, a price-to-earnings ratio of 14.73, a PEG ratio of -0.69 and a beta of 1.97. The company has a debt-to-equity ratio of 33.94, a current ratio of 1.69 and a quick ratio of 1.54.
AKITA Drilling Company Profile
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Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry. The company owns and operates over 30 drilling rigs It is also involved in the drilling related to potash mining and the development of storage caverns.
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