Foraco International SA (TSE:FAR - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.87 and traded as high as C$1.94. Foraco International shares last traded at C$1.94, with a volume of 9,260 shares trading hands.
Foraco International Stock Performance
The company has a quick ratio of 0.88, a current ratio of 1.43 and a debt-to-equity ratio of 115.59. The stock has a market capitalization of C$191.85 million, a PE ratio of 10.18 and a beta of 0.81. The stock has a fifty day moving average of C$1.82 and a 200-day moving average of C$1.86.
About Foraco International
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Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration.
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