New Zealand Energy (CVE:NZ) Stock Price Passes Above 200-Day Moving Average of $0.10

New Zealand Energy Corp. (CVE:NZ – Get Rating)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.11. New Zealand Energy shares last traded at C$0.11, with a volume of 1,000 shares.

New Zealand Energy Trading Up 16.7 %

The stock has a market capitalization of C$2.44 million, a PE ratio of -3.50 and a beta of 2.11. The firm has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.10. The company has a quick ratio of 0.45, a current ratio of 0.60 and a debt-to-equity ratio of 182.40.

About New Zealand Energy

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New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It has interests in Taranaki Basin; Copper Moki/Eltham permits; Alton permits; and TWN licenses. It also operates midstream assets. New Zealand Energy Corp. was incorporated in 2010 and is based in New Plymouth, New Zealand.