CGX Energy (CVE:OYL) Sets New 52-Week Low at $0.24

CGX Energy Inc. (CVE:OYLGet Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as C$0.24 and last traded at C$0.23, with a volume of 24444 shares. The stock had previously closed at C$0.24.

CGX Energy Trading Down 2.1 %

The company has a debt-to-equity ratio of 78.75, a quick ratio of 0.10 and a current ratio of 0.41. The company has a market capitalization of C$77.87 million, a P/E ratio of -23.00 and a beta of 1.24. The company’s fifty day simple moving average is C$0.29 and its 200-day simple moving average is C$0.33.

About CGX Energy

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CGX Energy Inc, an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and related petroleum agreements on Corentyne block in the Guyana Basin, offshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana.

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