Greenfields Petroleum (CVE:GNF) Stock Price Passes Below 50-Day Moving Average of $0.30

Greenfields Petroleum Co. (CVE:GNFGet Rating)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.30 and traded as low as C$0.30. Greenfields Petroleum shares last traded at C$0.30, with a volume of 3,600 shares trading hands.

Greenfields Petroleum Trading Down 21.1 %

The stock has a market capitalization of C$651,600.00 and a P/E ratio of -0.02. The firm’s 50 day moving average price is C$0.30 and its 200 day moving average price is C$0.30. The company has a debt-to-equity ratio of 64.88, a current ratio of 0.11 and a quick ratio of 0.09.

About Greenfields Petroleum

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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.

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