AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.96 and traded as high as C$2.00. AKITA Drilling shares last traded at C$1.97, with a volume of 167,127 shares changing hands.
AKITA Drilling Price Performance
The company has a market capitalization of C$78.28 million, a P/E ratio of 3.65, a price-to-earnings-growth ratio of -0.69 and a beta of 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 firm's fifty day moving average is C$2.10 and its 200-day moving average is C$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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