East West Petroleum Corp. (CVE:EW – Get Free Report)’s share price shot up 25% during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 470,907 shares were traded during mid-day trading, an increase of 200% from the average session volume of 156,715 shares. The stock had previously closed at C$0.04.
East West Petroleum Price Performance
The firm has a market capitalization of C$3.62 million, a P/E ratio of 2.00 and a beta of 1.62. The stock’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05.
East West Petroleum Company Profile
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania.
Featured Stories
- Five stocks we like better than East West Petroleum
- Basic Materials Stocks Investing
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- How to buy stock: A step-by-step guide for beginners
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- How to Calculate Stock Profit
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Receive News & Ratings for East West Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East West Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
