AKITA Drilling (OTCMKTS:AKTAF) Stock Price Down 4.5% – Should You Sell?

AKITA Drilling Ltd. (OTCMKTS:AKTAFGet Free Report)’s stock price was down 4.5% during trading on Tuesday . The company traded as low as $1.2350 and last traded at $1.2420. Approximately 6,360 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 14,586 shares. The stock had previously closed at $1.30.

AKITA Drilling Price Performance

The stock’s 50 day moving average price is $1.47 and its 200 day moving average price is $1.51.

About AKITA Drilling

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AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas.

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