Shares of East West Petroleum Corp. (CVE:EW – Get Free Report) were down 10% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 281,570 shares traded hands during trading, an increase of 46% from the average daily volume of 192,514 shares. The stock had previously closed at C$0.05.
East West Petroleum Price Performance
The stock has a market cap of C$4.07 million, a price-to-earnings ratio of 2.25 and a beta of 1.62. The firm’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.05.
East West Petroleum Company Profile
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania.
Featured Stories
- Five stocks we like better than East West Petroleum
- Insider Trades May Not Tell You What You Think
- ServiceTitan Made Waves in Its IPO, But Is the Stock a Buy?
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Netflix: Is This the Perfect Time to Buy a Streaming Powerhouse?
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Goldman Sachs Unveils 3 Massive Opportunities for 2025 Investors
Receive News & Ratings for East West Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East West Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
