Naikun Wind Energy Group (CVE:NKW) Trading Down 11.1%

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Naikun Wind Energy Group Inc (CVE:NKW) was down 11.1% on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12, approximately 108,400 shares were traded during mid-day trading. An increase of 40% from the average daily volume of 77,535 shares. The stock had previously closed at C$0.14.

The firm has a market cap of $9.50 million and a PE ratio of -8.24. The stock has a 50-day moving average price of C$0.19 and a 200 day moving average price of C$0.09.

Naikun Wind Energy Group Company Profile (CVE:NKW)

NaiKun Wind Energy Group Inc is a Canada-based development-stage company. The Company operates as a renewable energy company. The Company focuses on an offshore wind energy project. It is developing a 400 megawatt offshore wind project in the Haida Energy Field, which is located in Hecate Strait off the north coast of British Columbia.

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