AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.68 and traded as high as C$1.88. AKITA Drilling shares last traded at C$1.83, with a volume of 56,473 shares trading hands.
AKITA Drilling Trading Up 2.8%
The company has a debt-to-equity ratio of 33.94, a current ratio of 1.69 and a quick ratio of 1.54. The business has a 50 day moving average of C$1.74 and a 200 day moving average of C$1.68. The firm has a market capitalization of C$69.69 million, a price-to-earnings ratio of 16.64, a PEG ratio of -0.69 and a beta of 1.97.
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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