Foraco International SA (TSE:FAR – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.90 and traded as high as C$2.23. Foraco International shares last traded at C$2.21, with a volume of 157,200 shares traded.
Foraco International Trading Down 0.5%
The company’s 50 day simple moving average is C$2.06 and its 200 day simple moving average is C$1.90. The firm has a market cap of C$217.43 million, a price-to-earnings ratio of 11.54 and a beta of 0.83. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.43 and a quick ratio of 0.88.
About Foraco International
Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration.
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