East West Petroleum Corp. (CVE:EW – Get Free Report)’s stock price hit a new 52-week low on Tuesday. The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 2,727 shares changing hands. The stock had previously closed at C$0.11.
East West Petroleum Price Performance
The firm has a market capitalization of C$1.82 million, a P/E ratio of -3.67 and a beta of 1.64. The stock’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.17.
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. The company was formerly known as Avere Energy Inc. and changed its name to East West Petroleum Corp. in August 2010. East West Petroleum Corp. was incorporated in 1987 and is based in Vancouver, Canada.
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