Greenfields Petroleum (CVE:GNF) Shares Pass Below Fifty Day Moving Average of $0.30

Shares of Greenfields Petroleum Co. (CVE:GNF – Get Rating) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.30 and traded as low as C$0.30. Greenfields Petroleum shares last traded at C$0.30, with a volume of 3,600 shares.

Greenfields Petroleum Stock Performance

The company has a debt-to-equity ratio of 64.88, a quick ratio of 0.09 and a current ratio of 0.11. The stock’s fifty day moving average is C$0.30 and its two-hundred day moving average is C$0.30. The firm has a market cap of C$651,600.00 and a price-to-earnings ratio of -0.02.

Greenfields Petroleum Company Profile

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Greenfields Petroleum Corporation, an oil and natural gas company, focuses on the development and production of proven oil and gas reserves primarily in the Republic of Azerbaijan. It holds interests in the Bahar project, which consists of the Bahar gas field, Gum Deniz oil field, and exploration area covering an area of approximately 76,500 acres of producing oil field and a gas field located in the shallow waters of the Caspian Sea.