Shares of New Zealand Energy Corp. (CVE:NZ – Get Free Report) were down 21.1% during trading on Tuesday . The company traded as low as C$0.35 and last traded at C$0.36. Approximately 186,715 shares were traded during trading, an increase of 653% from the average daily volume of 24,786 shares. The stock had previously closed at C$0.45.
New Zealand Energy Trading Down 21.1%
The company has a debt-to-equity ratio of 41.83, a current ratio of 3.36 and a quick ratio of 0.45. The business’s 50 day moving average is C$0.31 and its 200 day moving average is C$0.28. The stock has a market cap of C$13.62 million, a price-to-earnings ratio of -0.61 and a beta of 4.19.
About New Zealand Energy
New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit.
Featured Articles
- Five stocks we like better than New Zealand Energy
- What Is WallStreetBets and What Stocks Are They Targeting?
- 3 Potential Scenarios to Watch for in D-Wave’s Earnings Report
- Using the MarketBeat Dividend Yield Calculator
- Eli Lilly Posts Stellar Q3: Long-Term Upside Is Well in Play
- Investing in Travel Stocks Benefits
- Uber Is Crushing Lyft—And It’s Not Even Close
Receive News & Ratings for New Zealand Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Zealand Energy and related companies with MarketBeat.com's FREE daily email newsletter.
