AKITA Drilling (OTCMKTS:AKTAF) Shares Down 1.1% – What’s Next?

AKITA Drilling Ltd. (OTCMKTS:AKTAF – Get Free Report) shares traded down 1.1% on Friday. The company traded as low as $2.65 and last traded at $2.67. 52,247 shares were traded during trading, an increase of 49% from the average session volume of 34,995 shares. The stock had previously closed at $2.70.

AKITA Drilling Stock Performance

The company has a 50-day moving average of $2.73 and a 200-day moving average of $2.78.

AKITA Drilling Company Profile

(Get Free Report)

AKITA Drilling Ltd. is a Canadian contract drilling company that provides land-based drilling services to oil and natural gas exploration and production companies. Its services support the drilling and development of wells, primarily in Western Canada and the United States.

The company operates a fleet of drilling rigs and related equipment designed for a range of onshore applications. Its offerings include drilling-rig services, rig moves, equipment support, and other operational services associated with the construction of oil and gas wells.

Founded in 1993 and headquartered in Calgary, Alberta, AKITA Drilling has built its business around serving energy producers in key North American drilling regions.

See Also

Receive News & Ratings for AKITA Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AKITA Drilling and related companies with MarketBeat.com's FREE daily email newsletter.