AKITA Drilling (OTCMKTS:AKTAF) Shares Down 3.5% – Here’s Why

AKITA Drilling Ltd. (OTCMKTS:AKTAFGet Free Report)’s stock price was down 3.5% during trading on Tuesday . The stock traded as low as $3.60 and last traded at $3.6059. Approximately 101,434 shares were traded during mid-day trading, an increase of 117% from the average daily volume of 46,714 shares. The stock had previously closed at $3.7350.

AKITA Drilling Stock Down 3.5%

The firm’s 50 day simple moving average is $2.83 and its 200 day simple moving average is $1.97.

About AKITA Drilling

(Get Free Report)

Akita Drilling Ltd. (OTCMKTS: AKTAF) is a Calgary-based provider of contract drilling services to the oil and gas industry, specializing in land-based operations. The company maintains a fleet of modular, high-specification rigs designed to meet a range of well depths and geological conditions, including conventional, horizontal and directional drilling programs.

Akita’s comprehensive service offering encompasses well planning support, rig mobilization, site preparation and on-site crew management.

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.