East West Petroleum Corp. (CVE:EW – Get Free Report) dropped 14.3% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,181,594 shares traded hands during trading, an increase of 858% from the average daily volume of 123,382 shares. The stock had previously closed at C$0.04.
East West Petroleum Stock Down 14.3%
The business’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The firm has a market capitalization of C$271,470.00, a P/E ratio of -3.00 and a beta of 0.28.
East West Petroleum Company Profile
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania.
Featured Articles
- Five stocks we like better than East West Petroleum
- Consumer Discretionary Stocks Explained
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- Why Are Stock Sectors Important to Successful Investing?
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- How to Short Nasdaq: An Easy-to-Follow Guide
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Receive News & Ratings for East West Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East West Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
