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AKITA Drilling Ltd is listed at the TSX Exchange
AKITA Drilling Ltd [AKT-A.TO]
TSX Sector: Industry:Oil & Gas Drilling

Is AKITA Drilling Ltd stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, AKITA Drilling Ltd pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 18th of June 2019 were paid $0.085 per share. Over the last 90 times between 1996 and 2019, AKITA Drilling Ltd has paid $6.908 with an average of $0.08 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for AKITA Drilling Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $1.740, you would have made a loss of $-0.430 per share or -24.71%

No, the average daily trading liquidity for AKITA Drilling Ltd is $26 574 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

AKITA Drilling Ltd has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.61, the company's ability to pay off the debt is good. AKITA Drilling Ltd has a good net profit margin of 5.57% and should have high tolerances against inflation.

We have calculated the inflation risk for AKITA Drilling Ltd to be low [0.25 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.