AKITA Drilling Ltd. (TSE:AKT.A – Get Free Report)’s share price fell 0.6% during trading on Tuesday . The company traded as low as C$1.63 and last traded at C$1.65. 16,500 shares were traded during mid-day trading, a decline of 48% from the average session volume of 31,671 shares. The stock had previously closed at C$1.66.
AKITA Drilling Stock Performance
The firm has a market cap of C$62.83 million, a price-to-earnings ratio of 15.00, 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 current ratio of 1.69 and a quick ratio of 1.54. The firm has a fifty day simple moving average of C$1.62 and a two-hundred day simple moving average of C$1.46.
About AKITA Drilling
AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas.
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