AKITA Drilling Ltd. (TSE:AKT.A – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.64 and traded as high as C$4.61. AKITA Drilling shares last traded at C$4.50, with a volume of 62,120 shares changing hands.
AKITA Drilling Stock Performance
The company has a debt-to-equity ratio of 33.94, a quick ratio of 1.54 and a current ratio of 1.69. The business has a 50 day moving average price of C$3.81 and a two-hundred day moving average price of C$2.66. The company has a market cap of C$187.11 million, a P/E ratio of 69.57, a price-to-earnings-growth ratio of -0.69 and a beta of 0.03.
About AKITA Drilling
AKITA is a premier Canadian oil and gas drilling contractor with a fleet of 32 drilling rigs. AKITA provides contract drilling services through two geographical segments: Canada and the United States (“US”). AKITA’s US fleet is supported out of its operations base in Midland, Texas and is comprised of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, primarily serving the Permian Basin, which is the most active basin in the US and currently supports approximately half of all US land drilling.
See Also
- Five stocks we like better than AKITA Drilling
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for AKITA Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AKITA Drilling and related companies with MarketBeat.com's FREE daily email newsletter.
