AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report)'s stock price was down 0.6% on Tuesday . The stock traded as low as C$1.63 and last traded at C$1.65. Approximately 16,500 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 31,671 shares. The stock had previously closed at C$1.66.
AKITA Drilling Price 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 current ratio of 1.69, a quick ratio of 1.54 and a debt-to-equity ratio of 33.94. The stock's fifty day moving average price is C$1.62 and its 200-day moving average price is C$1.46.
About AKITA Drilling
(
Get Free Report)
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.
Featured Stories
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 "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
