Cooper Energy (ASX:COE) Hits New 52-Week Low at $0.35

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Cooper Energy Ltd. (ASX:COE) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as A$0.35 ($0.24) and last traded at A$0.42 ($0.29), with a volume of 6212296 shares traded. The stock had previously closed at A$0.38 ($0.27).

The firm has a market cap of $683.19 million and a PE ratio of 105.00. The company has a 50 day simple moving average of A$0.49 and a 200-day simple moving average of A$0.56. The company has a debt-to-equity ratio of 53.25, a current ratio of 2.70 and a quick ratio of 2.66.

Cooper Energy Company Profile (ASX:COE)

Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in the discovery, commercialization, and sale of gas to south-east Australia. The company's principal project is the Sole gas project, which is under development in the offshore Gippsland Basin. It operates offshore gas production and exploration projects in the Otway Basin; and offshore gas exploration and development projects in the Gippsland Basin, as well as an onshore oil production and exploration project from the western flank of the Cooper Basin.

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