New Zealand Energy Corp. (CVE:NZ – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.84 and traded as low as C$0.71. New Zealand Energy shares last traded at C$0.71, with a volume of 2,000 shares changing hands.
New Zealand Energy Trading Down 10.1 %
The company has a current ratio of 1.78, a quick ratio of 0.45 and a debt-to-equity ratio of 70.34. The stock has a market capitalization of C$10.64 million, a P/E ratio of -1.03 and a beta of 2.82. The business’s fifty day simple moving average is C$0.88 and its two-hundred day simple moving average is C$0.84.
New Zealand Energy (CVE:NZ – Get Free Report) last released its earnings results on Monday, April 29th. The company reported C($0.11) earnings per share for the quarter. New Zealand Energy had a negative net margin of 101.12% and a negative return on equity of 55.02%. The company had revenue of C$0.26 million during the quarter. As a group, analysts forecast that New Zealand Energy Corp. will post -0.02 earnings per share for the current year.
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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