Shares of New Zealand Energy Corp. (CVE:NZ – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.55 and traded as low as C$0.24. New Zealand Energy shares last traded at C$0.26, with a volume of 45,220 shares.
New Zealand Energy Stock Down 8.8%
The firm has a fifty day moving average price of C$0.28 and a 200 day moving average price of C$0.55. The company has a quick ratio of 0.45, a current ratio of 3.36 and a debt-to-equity ratio of 41.83. The company has a market cap of C$3.90 million, a P/E ratio of -1.13 and a beta of 2.71.
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.
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