Ausdrill (ASX:ASL) Shares Cross Below 200 Day Moving Average of $1.66
Ausdrill Limited (ASX:ASL)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.66 and traded as low as $1.72. Ausdrill shares last traded at $1.75, with a volume of 1,157,159 shares trading hands.
The stock has a 50 day moving average of A$1.88 and a 200-day moving average of A$1.66. The company has a market capitalization of $1.20 billion and a P/E ratio of 3.24. The company has a current ratio of 2.66, a quick ratio of 1.70 and a debt-to-equity ratio of 50.69.
About Ausdrill (ASX:ASL)
Ausdrill Limited operates as a mining services company worldwide. It operates through Drilling Services Australia, Equipment Services and Supplies, Contract Mining Services Africa, and All Other segments. The company engages in the reverse circulation (RC), diamond drilling, rotary air blast, and air core drilling activities; geochemical and precious metals analysis activities; production and monitoring of bores, as well as depressurization and dewatering, and surface hole drilling; and procurement and supply of exploration equipment, parts, and consumables.
Further Reading: What is the Quick Ratio?
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