TSE:AKT.A AKITA Drilling (AKT.A) Stock Price, News & Analysis C$1.45 +0.05 (+3.57%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$1.40▼C$1.4650-Day RangeC$1.28▼C$1.4952-Week RangeC$1.27▼C$1.99Volume72,900 shsAverage Volume32,027 shsMarket CapitalizationC$55.22 millionP/E Ratio5.00Dividend Yield23.45%Price TargetC$3.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlines Get AKITA Drilling alerts: Email Address AKITA Drilling MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside124.1% UpsideC$3.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.20Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.99 out of 5 stars 3.5 Analyst's Opinion Consensus RatingAKITA Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageAKITA Drilling has only been the subject of 1 research reports in the past 90 days.Read more about AKITA Drilling's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for AKT.A. Previous Next 1.7 Dividend Strength Dividend LeadershipAKITA Drilling is a leading dividend payer. It pays a dividend yield of 19.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAKITA Drilling does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AKITA Drilling is 117.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about AKITA Drilling's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AKT.A. Previous Next 1.8 News and Social Media Coverage News SentimentAKITA Drilling has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for AKITA Drilling this week, compared to 0 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AKITA Drilling insiders have not sold or bought any company stock.Percentage Held by Insiders17.38% of the stock of AKITA Drilling is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 21.49% of the stock of AKITA Drilling is held by institutions.Read more about AKITA Drilling's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of AKITA Drilling is 5.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.19.Price to Earnings Ratio vs. SectorThe P/E ratio of AKITA Drilling is 5.00, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.33.Price to Earnings Growth RatioDue to a projected decrease in earnings for AKITA Drilling, their PEG ratio cannot be calculated.Price to Book Value per Share RatioAKITA Drilling has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM here! About AKITA Drilling Stock (TSE:AKT.A)AKITA Drilling Ltd. provides provides contract drilling services in Canada and the United States. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional, directional, horizontal, and underbalanced drilling, as well as provides specialized drilling services. As of December 31, 2018, the company had 17 wholly owned and operated drilling rigs in Canada; and 17 drilling rigs in the United States. It serves independent and multinational oil and gas companies. AKITA Drilling Ltd. was founded in 1964 and is headquartered in Calgary, Canada.Read More AKT.A Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AKT.A Stock News HeadlinesJuly 24 at 7:45 AM | americanbankingnews.comAKITA Drilling (TSE:AKT.A) Stock Price Crosses Below Two Hundred Day Moving Average of $1.47July 23 at 10:57 PM | theglobeandmail.comAkita Drilling: Top 25 Undervalued Toronto Stock Exchange Stocks (AKT-A)July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 16, 2024 | americanbankingnews.comAKITA Drilling (TSE:AKT.A) Stock Price Passes Below 200-Day Moving Average of $1.47May 15, 2024 | ca.finance.yahoo.comAKITA Drilling Ltd. Announces Director Election ResultsMay 10, 2024 | finance.yahoo.comAKITA Drilling Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextMay 6, 2024 | ca.finance.yahoo.comAKITA announces first quarter results with net income of $2.6 million and EBITDA of $12.5 million for the quarter.March 21, 2024 | sg.finance.yahoo.comAKITA announces 2023 annual results with net income of $18.4 million and repayment of $24 million in debtJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.February 27, 2024 | finance.yahoo.comReturns Are Gaining Momentum At AKITA Drilling (TSE:AKT.A)February 14, 2024 | wsj.comAkita Drilling Ltd. Cl AJanuary 11, 2024 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV flat on Thursday (AKT-A)December 14, 2023 | theglobeandmail.comAkita Drilling: Top 10 Undervalued Energy Sector Stocks on TSX (AKT-B)November 1, 2023 | ca.finance.yahoo.comAKITA announces third quarter results and net income of $3.9 million for the quarter.September 20, 2023 | finance.yahoo.comAKITA Drilling (TSE:AKT.A) Is Experiencing Growth In Returns On CapitalAugust 10, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV up on Wednesday (AKT-A)May 4, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV down on Thursday (AKT-A)May 3, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV flat on Wednesday (AKT-A)See More Headlines Receive AKT.A Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AKITA Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorOils/Energy Industry Oil & Gas Drilling Sub-IndustryN/A Current SymbolTSE:AKT.A CUSIPN/A CIKN/A Webwww.akita-drilling.com Phone+1-403-2927979FaxN/AEmployees1,085Year FoundedN/APrice Target and Rating Average Stock Price TargetC$3.25 High Stock Price TargetC$3.25 Low Stock Price TargetC$3.25 Potential Upside/Downside+124.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.29 Trailing P/E Ratio5.00 Forward P/E Ratio5.30 P/E Growth-0.69Net IncomeC$11.52 million Net Margins5.57% Pretax MarginN/A Return on Equity7.51% Return on Assets1.49% Debt Debt-to-Equity Ratio44.24 Current Ratio2.48 Quick Ratio1.54 Sales & Book Value Annual SalesC$206.78 million Price / Sales0.27 Cash FlowC$0.13 per share Price / Cash Flow11.48 Book ValueC$4.01 per share Price / Book0.36Miscellaneous Outstanding Shares38,080,000Free FloatN/AMarket CapC$55.22 million OptionableNot Optionable Beta1.99 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Karl A. Ruud (Age 65)Pres, CEO & Director Mr. Darcy Reynolds (Age 43)VP of Fin. & CFO Mr. Colin A. Dease (Age 44)VP, Corp. Sec. & Legal Counsel Mr. Raymond T. Coleman (Age 52)Sr. VP & MD of US Operations Mr. Fred O. Hensel (Age 58)VP of Canadian Operations Key CompetitorsXtreme DrillingTSE:XDCWestern Energy ServicesTSE:WRGStampede DrillingCVE:SDIQ InvestmentsCVE:QICathedral Energy ServicesTSE:CETView All Competitors AKT.A Stock Analysis - Frequently Asked Questions How have AKT.A shares performed this year? AKITA Drilling's stock was trading at C$1.37 at the beginning of the year. Since then, AKT.A stock has increased by 5.8% and is now trading at C$1.45. View the best growth stocks for 2024 here. How do I buy shares of AKITA Drilling? Shares of AKT.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:AKT.A) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” ...Porter & Company | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AKITA Drilling Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Share AKITA Drilling With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
