Shares of Oceanic Wind Energy Inc. (CVE:NKW – Get Free Report) were down 6.3% on Friday . 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 Down 6.3 %
The firm has a market capitalization of C$11.50 million and a PE ratio of -75.00. The firm’s 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.15.
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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