AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.65 and traded as low as C$1.49. AKITA Drilling shares last traded at C$1.68, with a volume of 22,064 shares changing hands.
AKITA Drilling Stock Up 1.2 %
The company's 50 day simple moving average is C$1.71 and its 200-day simple moving average is C$1.66. 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 firm has a market cap of C$65.50 million, a P/E ratio of 15.64, a PEG ratio of -0.69 and a beta of 1.97.
AKITA Drilling Company Profile
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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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