Shares of AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.59 and traded as low as C$1.38. AKITA Drilling shares last traded at C$1.54, with a volume of 24,490 shares.
AKITA Drilling Trading Down 5.9 %
The firm has a 50-day moving average of C$1.66 and a 200 day moving average of C$1.59. 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 has a market capitalization of C$54.84 million, a price-to-earnings ratio of 13.09, a PEG ratio of -0.69 and a beta of 1.97.
About AKITA Drilling
(
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Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry. The company owns and operates over 30 drilling rigs It is also involved in the drilling related to potash mining and the development of storage caverns.
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