Oceanic Wind Energy Inc. (CVE:NKW – Get Free Report) dropped 6.3% during trading on Monday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 94,500 shares traded hands during mid-day trading, an increase of 86% from the average daily volume of 50,692 shares. The stock had previously closed at C$0.16.
Oceanic Wind Energy Stock Performance
The company has a 50 day moving average of C$0.15 and a 200 day moving average of C$0.15. The stock has a market capitalization of C$11.50 million and a price-to-earnings ratio of -75.00.
Oceanic Wind Energy Company Profile
Oceanic Wind Energy Inc develops renewable energy projects in Canada. It is developing an offshore wind energy project located in the Hecate Strait off the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc and changed its name to Oceanic Wind Energy Inc in May 2020.
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