New Hope (ASX:NHC) Hits New 1-Year Low at $2.19

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New Hope Co. Limited (ASX:NHC)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as A$2.19 ($1.55) and last traded at A$2.29 ($1.62), with a volume of 1968995 shares trading hands. The stock had previously closed at A$2.25 ($1.60).

The firm has a market cap of $1.75 billion and a PE ratio of 11.41. The company’s fifty day moving average price is A$2.54 and its two-hundred day moving average price is A$3.05. The company has a quick ratio of 0.83, a current ratio of 1.26 and a debt-to-equity ratio of 10.80.

About New Hope (ASX:NHC)

New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal mining in New South Wales, and Oil and Gas. The company has interests in two open cut coal mines in South East Queensland that produce thermal coal, including the New Acland project, which is located in north-west of Oakey, Queensland; and the Jeebropilly coal mine located in the West Moreton region near Ipswich.

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