Akita Drilling Stock Today
| AKT-A Stock | CAD 1.62 0.02 1.22% |
Performance7 of 100
| Odds Of DistressLess than 39
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AKITA Drilling is selling for under 1.62 as of the 26th of November 2024; that is 1.22 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.61. AKITA Drilling has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for AKITA Drilling are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain Energy |
AKITA Drilling Ltd. provides contract drilling services in Canada and the United States. AKITA Drilling Ltd. was founded in 1964 and is headquartered in Calgary, Canada. AKITA DRILLING operates under Oil Gas Drilling classification in Canada and is traded on Toronto Stock Exchange. The company has 38.08 M outstanding shares of which 16.77 K shares are presently shorted by private and institutional investors with about 0.52 days to cover all short positions. More on AKITA Drilling
Moving together with AKITA Stock
| 0.89 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.77 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.78 | ENS | E Split Corp | PairCorr |
| 0.73 | ENS-PA | E Split Corp | PairCorr |
Moving against AKITA Stock
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AKITA Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AKITA Drilling's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AKITA Drilling or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Colin Dease | ||||
| Thematic Idea | Oil And Gas (View all Themes) | ||||
| Business Concentration | Energy Equipment & Services, Oil & Gas Drilling, Energy, Oil And Gas, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors) | ||||
AKITA Drilling's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AKITA Drilling's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
AKITA Drilling can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AKITA Drilling's financial leverage. It provides some insight into what part of AKITA Drilling's total assets is financed by creditors.
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AKITA Drilling (AKT-A) is traded on Toronto Exchange in Canada and employs 1,068 people. AKITA Drilling is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 66.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AKITA Drilling's market, we take the total number of its shares issued and multiply it by AKITA Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AKITA Drilling operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 38.08 M outstanding shares of which 16.77 K shares are presently shorted by private and institutional investors with about 0.52 days to cover all short positions.
AKITA Drilling has accumulated about 6.68 M in cash with 35.57 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
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Ownership AllocationAKITA Drilling holds a total of 38.08 Million outstanding shares. AKITA Drilling shows 17.55 percent of its outstanding shares held by insiders and 20.79 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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AKITA Drilling Risk Profiles
Although AKITA Drilling's alpha and beta are two of the key measurements used to evaluate AKITA Drilling's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.99 | |||
| Semi Deviation | 2.15 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.62 |
AKITA Stock Against Markets
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AKITA Drilling Corporate Management
Elected by the shareholders, the AKITA Drilling's board of directors comprises two types of representatives: AKITA Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AKITA. The board's role is to monitor AKITA Drilling's management team and ensure that shareholders' interests are well served. AKITA Drilling's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AKITA Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Clayton Bourque | Vice Development | Profile | |
| Linda ICDD | Executive Chair | Profile | |
| Lorne Thompson | Vice Operations | Profile | |
| Fred Hensel | VP Operations | Profile |
Additional Tools for AKITA Stock Analysis
When running AKITA Drilling's price analysis, check to measure AKITA Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AKITA Drilling is operating at the current time. Most of AKITA Drilling's value examination focuses on studying past and present price action to predict the probability of AKITA Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AKITA Drilling's price. Additionally, you may evaluate how the addition of AKITA Drilling to your portfolios can decrease your overall portfolio volatility.