AKITA Drilling (OTCMKTS:AKTAF) Stock Price Down 1.8% – Here’s What Happened

AKITA Drilling Ltd. (OTCMKTS:AKTAFGet Free Report) shares were down 1.8% during mid-day trading on Thursday . The stock traded as low as $2.82 and last traded at $2.88. Approximately 42,105 shares were traded during trading, an increase of 11% from the average daily volume of 37,884 shares. The stock had previously closed at $2.9320.

AKITA Drilling Price Performance

The company’s 50-day simple moving average is $2.67 and its 200 day simple moving average is $2.71.

AKITA Drilling Company Profile

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Akita Drilling Ltd. (OTCMKTS: AKTAF) is a Calgary-based provider of contract drilling services to the oil and gas industry, specializing in land-based operations. The company maintains a fleet of modular, high-specification rigs designed to meet a range of well depths and geological conditions, including conventional, horizontal and directional drilling programs.

Akita’s comprehensive service offering encompasses well planning support, rig mobilization, site preparation and on-site crew management.

Further Reading

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