Greenfields Petroleum (CVE:GNF) Shares Pass Below 50-Day Moving Average of $0.30

Greenfields Petroleum Co. (CVE:GNFGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 traded.

Greenfields Petroleum Stock Performance

The stock has a market cap of C$651,600.00 and a price-to-earnings ratio of -0.02. The stock’s 50-day moving average is C$0.30 and its 200-day moving average 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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