New Zealand Energy Corp. (CVE:NZ – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.81 and traded as high as C$0.85. New Zealand Energy shares last traded at C$0.85, with a volume of 1,500 shares changing hands.
New Zealand Energy Price Performance
The firm has a 50-day simple moving average of C$0.72 and a 200-day simple moving average of C$0.81. The firm has a market capitalization of C$12.74 million, a PE ratio of -3.70 and a beta of 2.71. The company has a debt-to-equity ratio of 41.83, a current ratio of 3.36 and a quick ratio of 0.45.
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.
Further Reading
- Five stocks we like better than New Zealand Energy
- Best Stocks Under $5.00
- Symbotic’s Double-Bagger Potential as It Hits a Key Inflection
- Using the MarketBeat Dividend Yield Calculator
- High Dividend Yields Make These 2 Shipping Stocks Stand Out
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
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.
