TSE:AKT.AAKITA Drilling Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add C$0.26 0.00 (0.00 %) (As of 05/25/2020 03:08 AM ET) Add Compare Share Today's RangeC$0.26Now: C$0.27▼C$0.2750-Day RangeC$0.26MA: C$0.40▼C$0.8552-Week RangeC$0.25Now: C$0.27▼C$3.21Volume139,179 shsAverage Volume1,545 shsMarket CapitalizationC$10.06 millionP/E RatioN/ADividend Yield19.77%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendInsider TradesHeadlinesSocial Media 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 Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingAKITA Drilling has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$1.33, AKITA Drilling has a potential upside of 400.0% from its current price of C$0.27.Amount of Analyst CoverageAKITA Drilling has received no research coverage in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesAKITA Drilling has received 80 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAKITA Drilling has received 124 “underperform” votes. (Add your “underperform” vote.)Community SentimentAKITA Drilling has received 60.78% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about AKITA Drilling and other stocks. Vote “Outperform” if you believe AKT.A will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AKT.A will underperform the S&P 500 over the long term. You may vote once every thirty days. 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. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AKITA Drilling insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,145.00 in company stock and sold C$0.00 in company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for AKITA Drilling are expected to grow in the coming year, from C($0.40) to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AKITA Drilling is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AKITA Drilling is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.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 0.05. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.18 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Oil & Gas Drilling Sub-IndustryN/A SectorEnergy Current SymbolTSE:AKT.A Previous Symbol CUSIPN/A CIKN/A Webwww.akita-drilling.com Phone+1-403-2927979Debt Debt-to-Equity Ratio46.50 Current Ratio1.68 Quick Ratio1.53Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth-0.01 Sales & Book Value Annual SalesC$177.12 million Price / Sales0.06 Cash FlowC$0.12 per share Price / Cash Flow2.28 Book ValueC$4.90 per share Price / Book0.05Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees1,085 Outstanding Shares37,954,400Market CapC$10.06 million Next Earnings DateN/A OptionableNot Optionable TSX:AKT.A Rates by TradingView Receive AKT.A News and Ratings via Email Sign-up to receive the latest news and ratings for AKT.A and its competitors with MarketBeat's FREE daily newsletter. AKITA Drilling (TSE:AKT.A) Frequently Asked Questions How has AKITA Drilling's stock been impacted by COVID-19 (Coronavirus)? AKITA Drilling's stock was trading at C$0.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AKT.A stock has decreased by 62.1% and is now trading at C$0.27. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of AKITA Drilling? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AKITA Drilling in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AKITA Drilling. What price target have analysts set for AKT.A? 1 brokers have issued 12-month price targets for AKITA Drilling's shares. Their forecasts range from C$0.65 to C$2.00. On average, they anticipate AKITA Drilling's share price to reach C$1.33 in the next year. This suggests a possible upside of 400.0% from the stock's current price. View analysts' price targets for AKITA Drilling. Has AKITA Drilling been receiving favorable news coverage? Media headlines about AKT.A stock have been trending extremely negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AKITA Drilling earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutAKITA Drilling. Who are some of AKITA Drilling's key competitors? Some companies that are related to AKITA Drilling include Q Investments (QI), Western Energy Services (WRG), Sterling Energy (SEY), G3 Exploration (G3E), Camber Energy (CEI), Cathedral Energy Services (CET), Marksmen Energy (MAH), Namibian Resources (AAOG), TomCo Energy (TOM), Pioneer Energy Services (PESX), Allied Resources (AKTAF), Archer (ARHVF), Awilco Drilling (AWLCF), CES Energy Solutions (CESDF) and Greka Drilling (GDL). View all competitors. Who are AKITA Drilling's key executives? AKITA Drilling's management team includes the following people: Mr. Karl A. Ruud, Pres, CEO & Director (Age 65)Mr. Darcy Reynolds, VP of Fin. & CFO (Age 43)Mr. Colin A. Dease, VP, Corp. Sec. & Legal Counsel (Age 44)Mr. Raymond T. Coleman, Sr. VP & MD of US Operations (Age 52)Mr. Fred O. Hensel, VP of Canadian Operations (Age 58) What is AKITA Drilling's stock symbol? AKITA Drilling trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AKT.A." How do I buy shares of AKITA Drilling? Shares of AKT.A and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is AKITA Drilling's stock price today? One share of AKT.A stock can currently be purchased for approximately C$0.27. How big of a company is AKITA Drilling? AKITA Drilling has a market capitalization of C$10.06 million and generates C$177.12 million in revenue each year. AKITA Drilling employs 1,085 workers across the globe. What is AKITA Drilling's official website? The official website for AKITA Drilling is www.akita-drilling.com. How can I contact AKITA Drilling? AKITA Drilling's mailing address is 1000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The company can be reached via phone at +1-403-2927979. This page was last updated on 5/25/2020 by MarketBeat.com Staff
