New Zealand Energy Corp. (CVE:NZ – Get Free Report) was down 53.8% during mid-day trading on Thursday . The company traded as low as C$0.42 and last traded at C$0.42. Approximately 135,450 shares changed hands during trading, an increase of 1,388% from the average daily volume of 9,100 shares. The stock had previously closed at C$0.91.
New Zealand Energy Price Performance
The firm’s 50 day moving average is C$0.90 and its 200 day moving average is C$0.86. The firm has a market cap of C$7.20 million, a P/E ratio of -3.96 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 (CVE:NZ – Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported C($0.08) earnings per share for the quarter. The company had revenue of C$0.30 million for the quarter. New Zealand Energy had a negative net margin of 229.86% and a negative return on equity of 72.10%. As a group, analysts anticipate that New Zealand Energy Corp. will post 0.9340659 earnings per share for the current year.
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.
Featured Stories
- Five stocks we like better than New Zealand Energy
- What is a Stock Market Index and How Do You Use Them?
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- What Are Trending Stocks? Trending Stocks Explained
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Are Penny Stocks a Good Fit for Your Portfolio?
- Tesla Stock: Buy the Dips, Sell the Rips
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.