AKITA Drilling Ltd. (TSE:AKT.A) Senior Officer Acquires C$14,000.00 in Stock

AKITA Drilling Ltd. (TSE:AKT.A - Get Free Report) Senior Officer Colin Dease acquired 10,000 shares of AKITA Drilling stock in a transaction dated Thursday, August 22nd. The shares were bought at an average price of C$1.40 per share, for a total transaction of C$14,000.00.

Colin Dease also recently made the following trade(s):

  • On Friday, August 2nd, Colin Dease purchased 10,000 shares of AKITA Drilling stock. The stock was bought at an average price of C$1.37 per share, for a total transaction of C$13,700.00.
  • On Wednesday, July 31st, Colin Dease acquired 15,000 shares of AKITA Drilling stock. The shares were purchased at an average price of C$1.46 per share, with a total value of C$21,900.00.

AKITA Drilling Price Performance

AKT.A stock opened at C$1.41 on Friday. The company has a fifty day simple moving average of C$1.37 and a two-hundred day simple moving average of C$1.46. AKITA Drilling Ltd. has a 52 week low of C$1.27 and a 52 week high of C$1.99. The company has a quick ratio of 1.54, a current ratio of 1.69 and a debt-to-equity ratio of 33.94. The firm has a market capitalization of C$53.50 million, a P/E ratio of 12.77, a price-to-earnings-growth ratio of -0.69 and a beta of 1.96.

Analyst Ratings Changes

Separately, ATB Capital increased their price target on AKITA Drilling from C$3.25 to C$3.75 in a research note on Wednesday, July 31st.

Check Out Our Latest Stock Report on AKITA Drilling

AKITA Drilling Company Profile

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AKITA Drilling Ltd. provides provides contract drilling services in Canada and the United States. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional, directional, horizontal, and underbalanced drilling, as well as provides specialized drilling services.

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