AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.73 and traded as high as C$2.19. AKITA Drilling shares last traded at C$2.17, with a volume of 14,443 shares traded.
AKITA Drilling Stock Performance
The firm has a market cap of C$86.44 million, a P/E ratio of 20.64, a P/E/G ratio of -0.69 and a beta of 1.97. 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 business's 50-day simple moving average is C$1.85 and its 200 day simple moving average is C$1.74.
AKITA Drilling Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider AKITA Drilling, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AKITA Drilling wasn't on the list.
While AKITA Drilling currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
