AKITA Drilling Ltd. (TSE:AKT.A – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.67 and traded as high as C$1.78. AKITA Drilling shares last traded at C$1.75, with a volume of 29,415 shares changing hands.
AKITA Drilling Price Performance
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 company has a market cap of C$66.64 million, a PE ratio of 15.91, a P/E/G ratio of -0.69 and a beta of 1.97. The firm has a 50 day moving average of C$1.71 and a two-hundred day moving average of C$1.67.
About AKITA Drilling
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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