Greenfields Petroleum (CVE:GNF) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Greenfields Petroleum Co. (CVE:GNF)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 Trading Down 21.1 %

The company has a quick ratio of 0.09, a current ratio of 0.11 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 price-to-earnings ratio of -0.02.

About Greenfields Petroleum

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.