Shares of Oceanic Wind Energy Inc. (CVE:NKW – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.15 and traded as high as C$0.15. Oceanic Wind Energy shares last traded at C$0.15, with a volume of 94,500 shares traded.
Oceanic Wind Energy Stock Down 6.3%
The stock has a market capitalization of C$11.50 million and a price-to-earnings ratio of -75.00. The stock has a fifty day moving average of C$0.15 and a 200-day moving average of C$0.15.
Oceanic Wind Energy Company Profile
Oceanic Wind Energy Inc develops renewable energy projects in Canada. It is developing an offshore wind energy project located in the Hecate Strait off the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc and changed its name to Oceanic Wind Energy Inc in May 2020. Oceanic Wind Energy Inc is headquartered in Vancouver, Canada.
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