Free Trial

AKITA Drilling (TSE:AKT.A) Stock Price Crosses Above 200 Day Moving Average - Here's Why

AKITA Drilling logo with Energy background

Shares of AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.47 and traded as high as C$1.67. AKITA Drilling shares last traded at C$1.63, with a volume of 20,203 shares traded.

AKITA Drilling Stock Down 0.6 %

The company has a debt-to-equity ratio of 33.94, a quick ratio of 1.54 and a current ratio of 1.69. The firm has a market capitalization of C$61.69 million, a price-to-earnings ratio of 14.73, a PEG ratio of -0.69 and a beta of 1.97. The firm has a fifty day moving average price of C$1.62 and a 200 day moving average price of C$1.47.

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.

See Also

Should you invest $1,000 in AKITA Drilling right now?

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

(Almost)  Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines