New Zealand Energy Corp. (CVE:NZ – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.27 and traded as high as C$0.36. New Zealand Energy shares last traded at C$0.36, with a volume of 500 shares traded.
New Zealand Energy Price Performance
The company has a debt-to-equity ratio of 41.83, a quick ratio of 0.45 and a current ratio of 3.36. The company has a 50-day simple moving average of C$0.29 and a 200-day simple moving average of C$0.27. The company has a market cap of C$13.81 million, a price-to-earnings ratio of -0.62 and a beta of 4.19.
New Zealand Energy Company Profile
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.
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