Foraco International (TSE:FAR) Shares Cross Above Two Hundred Day Moving Average of $1.56

Foraco International SA (TSE:FAR – Get Rating) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.56 and traded as high as C$1.79. Foraco International shares last traded at C$1.72, with a volume of 9,550 shares traded.

Foraco International Stock Performance

The firm has a 50 day moving average price of C$1.56 and a 200 day moving average price of C$1.56. The stock has a market cap of C$170.71 million and a PE ratio of 7.82. The company has a quick ratio of 0.88, a current ratio of 1.51 and a debt-to-equity ratio of 163.64.

Foraco International (TSE:FAR – Get Rating) last posted its quarterly earnings results on Friday, October 28th. The company reported C$0.11 EPS for the quarter. The business had revenue of C$119.28 million during the quarter. As a group, research analysts forecast that Foraco International SA will post 0.577451 earnings per share for the current year.

Foraco International Company Profile

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Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground water drilling services.