AKITA Drilling (TSE:AKT.A – Get Free Report) had its price objective dropped by investment analysts at ATB Capital from C$3.75 to C$3.25 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. ATB Capital’s price target suggests a potential upside of 140.74% from the stock’s previous close.
AKITA Drilling Trading Up 2.3 %
AKT.A traded up C$0.03 during midday trading on Friday, hitting C$1.35. 19,170 shares of the company were exchanged, compared to its average volume of 32,025. The firm has a market capitalization of C$51.41 million, a P/E ratio of 4.66, a P/E/G ratio of -0.69 and a beta of 1.99. AKITA Drilling has a 1-year low of C$1.22 and a 1-year high of C$1.99. The firm’s 50 day moving average price is C$1.42 and its 200-day moving average price is C$1.47. The company has a quick ratio of 1.54, a current ratio of 2.48 and a debt-to-equity ratio of 44.24.
AKITA Drilling Company Profile
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