Greenfields Petroleum (CVE:GNF) Share Price Passes Above Fifty Day Moving Average of $0.30

Greenfields Petroleum Co. (CVE:GNF – Get Rating) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.30 and traded as high as C$0.31. Greenfields Petroleum shares last traded at C$0.30, with a volume of 3,600 shares traded.

Greenfields Petroleum Price Performance

The company has a current ratio of 0.11, a quick ratio of 0.09 and a debt-to-equity ratio of 64.88. The business’s fifty day moving average is C$0.30 and its 200 day moving average is C$0.30. The firm has a market capitalization of C$651,600.00 and a P/E ratio of -0.02.

Greenfields Petroleum Company Profile

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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.