AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.95 and traded as high as C$2.02. AKITA Drilling shares last traded at C$2.02, with a volume of 11,187 shares changing hands.
AKITA Drilling Stock Performance
The company's 50-day moving average price is C$2.13 and its two-hundred day moving average price is C$1.96. The company has a debt-to-equity ratio of 33.94, a quick ratio of 1.54 and a current ratio of 1.69. The stock has a market cap of C$78.28 million, a PE ratio of 3.65, a PEG ratio of -0.69 and a beta of 1.96.
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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