AKITA Drilling (AKTAF) Stock Price, News & Analysis

Company Overview

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. The company was founded in 1964 and is headquartered in Calgary, Canada. AKITA Drilling Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.

Key Stats

• Today's Range: $1.11 to $1.17
• 50-Day Range: $0.89 to $1.21
• 52-Week Range: $0.86 to $1.33
• Volume: 1,590 shs
• Average Volume: 6,051 shs
• Market Capitalization: N/A
• P/E Ratio: 0.88
• Dividend Yield: 28.88%
• Price Target: N/A
• Consensus Rating: N/A

AKITA Drilling Stock Analysis - MarketRank™

AKITA Drilling scored higher than 13% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for AKITA Drilling.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AKITA Drilling is 0.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of AKITA Drilling is 0.88, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 101.20.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

AKITA Drilling has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AKITA Drilling has recently increased by 52.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

AKITA Drilling pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AKITA Drilling does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AKITA Drilling is 25.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

AKITA Drilling has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AKITA Drilling has recently increased by 52.38%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.01

News Sentiment

AKITA Drilling has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for AKITA Drilling this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AKITA Drilling insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 29.18% of the stock of AKITA Drilling is held by institutions.

AKTAF Stock Analysis - Frequently Asked Questions

How have AKTAF shares performed this year?

AKITA Drilling's stock was trading at $1.03 at the beginning of 2024. Since then, AKTAF shares have increased by 12.6% and is now trading at $1.16.
View the best growth stocks for 2024 here.

How do I buy shares of AKITA Drilling?

Shares of AKTAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:AKTAF
• CUSIP: N/A
• CIK: N/A
• Web: www.akita-drilling.com
• Phone: (403) 292-7979
• Fax: N/A
• Employees: 1,068
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 0.88
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A