New Zealand Energy Corp. (CVE:NZ – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.33 and traded as high as C$0.54. New Zealand Energy shares last traded at C$0.51, with a volume of 8,100 shares changing hands.
New Zealand Energy Price Performance
The company has a 50 day simple moving average of C$0.47 and a 200-day simple moving average of C$0.33. The stock has a market cap of C$28.49 million, a price-to-earnings ratio of -1.11 and a beta of 3.12. The company has a current ratio of 3.36, a quick ratio of 0.45 and a debt-to-equity ratio of 41.83.
About New Zealand Energy
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. It also operates midstream assets. The company was founded in 2010 and is based in New Plymouth, New Zealand.
Featured Articles
- Five stocks we like better than New Zealand Energy
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
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.
