Greenfields Petroleum (CVE:GNF) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Greenfields Petroleum Co. (CVE:GNFGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.30. Greenfields Petroleum shares last traded at C$0.30, with a volume of 3,600 shares traded.

Greenfields Petroleum Price Performance

The stock has a market capitalization of C$651,600.00 and a price-to-earnings ratio of -0.02. The company has a debt-to-equity ratio of 64.88, a quick ratio of 0.09 and a current ratio of 0.11. The company has a 50 day moving average of C$0.30 and a 200 day moving average of C$0.30.

About Greenfields Petroleum

(Get Free Report)

Greenfields Petroleum Corporation, an oil and natural gas company, focuses on the development and production of proven oil and gas reserves primarily in the Republic of Azerbaijan. It holds interests in the Bahar project, which consists of the Bahar gas field, Gum Deniz oil field, and exploration area covering an area of approximately 76,500 acres of producing oil field and a gas field located in the shallow waters of the Caspian Sea. The company was founded in 2007 and is headquartered in The Woodlands, Texas.

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