East West Petroleum Corp. (CVE:EW – Get Free Report)’s stock price traded down 22.2% on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 153,099 shares changed hands during mid-day trading, an increase of 30% from the average session volume of 117,369 shares. The stock had previously closed at C$0.05.
East West Petroleum Trading Down 22.2%
The firm has a market cap of C$316,715.00, a price-to-earnings ratio of -3.50 and a beta of 0.28. The stock has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04.
East West Petroleum Company Profile
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania.
Further Reading
- Five stocks we like better than East West Petroleum
- What Is WallStreetBets and What Stocks Are They Targeting?
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- What is a Special Dividend?
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- Health Care Stocks Explained: Why You Might Want to Invest
- NVIDIA Breaks Out to New Highs: What Comes Next?
Receive News & Ratings for East West Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East West Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
