New Zealand Energy (CVE:NZ) Stock Crosses Above 200-Day Moving Average of $0.81

New Zealand Energy Corp. (CVE:NZGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.81 and traded as high as C$0.84. New Zealand Energy shares last traded at C$0.84, with a volume of 3,000 shares changing hands.

New Zealand Energy Stock Down 4.5 %

The company has a market capitalization of C$12.59 million, a price-to-earnings ratio of -1.38 and a beta of 2.70. The company has a quick ratio of 0.45, a current ratio of 1.28 and a debt-to-equity ratio of 96.17. The firm has a 50 day moving average price of C$0.71 and a two-hundred day moving average price of C$0.81.

New Zealand Energy Company Profile

(Get Free Report)

New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit.

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