Oceanic Wind Energy Inc. (CVE:NKW – Get Free Report)’s stock price fell 6.3% during mid-day trading on Monday . The company traded as low as C$0.15 and last traded at C$0.15. 94,500 shares were traded during trading, an increase of 86% from the average session volume of 50,692 shares. The stock had previously closed at C$0.16.
Oceanic Wind Energy Stock Down 6.3 %
The company has a market cap of C$11.50 million and a price-to-earnings ratio of -75.00. The firm has a 50-day simple moving average of C$0.15 and a 200 day simple moving average of C$0.15.
About Oceanic Wind Energy
Oceanic Wind Energy Inc develops renewable energy projects in Canada. It is developing an offshore wind energy project located in the Hecate Strait off the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc and changed its name to Oceanic Wind Energy Inc in May 2020.
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