East West Petroleum Corp. (CVE:EW – Get Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 213012 shares trading hands. The stock had previously closed at C$0.04.
East West Petroleum Price Performance
The company has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06. The stock has a market cap of C$3.62 million, a price-to-earnings ratio of 2.00 and a beta of 1.62.
East West Petroleum (CVE:EW – Get Free Report) last released its earnings results on Thursday, August 22nd. The company reported C$0.02 earnings per share for the quarter.
About East West Petroleum
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania.
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