New Zealand Energy (CVE:NZ) Share Price Crosses Above 200 Day Moving Average of $0.14

New Zealand Energy Corp. (CVE:NZ)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.14 and traded as high as C$0.23. New Zealand Energy shares last traded at C$0.23, with a volume of 1,000 shares changing hands.

The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.49 and a current ratio of 0.81. The company has a market cap of C$5.34 million and a price-to-earnings ratio of -8.65. The business has a 50-day simple moving average of C$0.28 and a 200-day simple moving average of C$0.14.

New Zealand Energy Company Profile (CVE:NZ)

New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. The company holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. It has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit.

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