AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 Stock Performance
The stock has a market cap of C$63.59 million, a P/E ratio of 15.18, a PEG ratio of -0.69 and a beta of 1.97. The stock has a fifty day simple moving average of C$1.70 and a 200-day simple moving average of C$1.67. The company has a quick ratio of 1.54, a current ratio of 1.69 and a debt-to-equity ratio of 33.94.
About AKITA Drilling
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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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