Foraco International SA (TSE:FAR – Get Rating)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.56 and traded as high as C$1.63. Foraco International shares last traded at C$1.63, with a volume of 350 shares changing hands.
Foraco International Price Performance
The business has a 50-day moving average price of C$1.54 and a 200 day moving average price of C$1.56. The company has a market cap of C$161.78 million and a price-to-earnings ratio of 7.41. The company has a current ratio of 1.51, a quick ratio of 0.88 and a debt-to-equity ratio of 163.64.
Foraco International (TSE:FAR – Get Rating) last announced its earnings results on Friday, October 28th. The company reported C$0.11 earnings per share (EPS) for the quarter. The firm had revenue of C$119.28 million for the quarter. As a group, research analysts expect that Foraco International SA will post 0.577451 earnings per share for the current fiscal year.
Foraco International Company Profile
Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground water drilling services.
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