Hunter Technology Corp Shares Plummet By 21% in Mid-Day Trading: Analysis of Company Financials and Market Cap

HOC Stock Plummets 21.1% as Hunter Technology (CVE:HOC) Takes a Hit in Trading

On Friday, Hunter Technology Corp (CVE: HOC) experienced a 21.1% decrease in its share price during mid-day trading, reaching a low of C$0.15 before closing at the same price. The trading volume was significantly lower than average, with only 1,000 shares changing hands compared to the daily average volume of 7,770 shares. The stock had previously closed at C$0.19.

Hunter Technology Corp’s stock performance shows a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.15. With a current ratio of 0.01, a quick ratio of 0.04, and a debt-to-equity ratio of 0.96, the company has a market cap of C$340,500.00 and a PE ratio of -1.

The company focuses on developing, operating, and managing digital platforms for energy resources in Canada through its OilEx platform, which is a blockchain-based marketplace for hydrocarbons that connects international buyers with independent crude oil producers in the global marketplace

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