Oceanic Wind Energy (CVE:NKW) Trading Down 6.3%

Oceanic Wind Energy Inc. (CVE:NKWGet Rating) shares were down 6.3% during mid-day trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 94,500 shares traded hands during trading, an increase of 86% from the average daily volume of 50,692 shares. The stock had previously closed at C$0.16.

Oceanic Wind Energy Stock Down 6.3 %

The company’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.15. The firm has a market cap of C$11.50 million and a price-to-earnings ratio of -75.00.

Oceanic Wind Energy Company Profile

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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.

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