New Zealand Energy Corp. (CVE:NZ – Get Free Report) shares were down 21.1% on Wednesday . The company traded as low as C$0.35 and last traded at C$0.36. Approximately 186,715 shares were traded during mid-day 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 Stock Performance
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 simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.28. The stock has a market capitalization of C$10.36 million, a price-to-earnings ratio of -0.47 and a beta of 4.58.
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.
Read More
- Five stocks we like better than New Zealand Energy
- Stock Splits, Do They Really Impact Investors?
- Why Investors Shouldn’t Fear the Dip in Microsoft Stock
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- DigitalOcean’s Tide Has Turned: Get Ready to Ride the Wave
- ETF Screener: Uses and Step-by-Step Guide
- CAVA Stock Looking for Direction After Earnings Miss
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.
