Raise Production (RPC) Reaches New 52-Week Low at $0.11

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Raise Production Inc (CVE:RPC)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 48583 shares trading hands. The stock had previously closed at C$0.12.

The company has a market capitalization of $13.63 million and a price-to-earnings ratio of -3.91.

Raise Production (CVE:RPC) last announced its earnings results on Wednesday, November 21st. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$0.08 million during the quarter.

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Raise Production Company Profile (CVE:RPC)

Raise Production Inc, an oilfield service company, focuses on utilizing its proprietary products to enhance and increase production in conventional and unconventional horizontal oil and gas wells. The company offers high angle lift solution (HALS) that provides an artificial lift solution for the build and vertical section of a horizontal wellbore.

See Also: Fundamental Analysis

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