CanAsia Energy (CVE:CEC) Stock Passes Above 200-Day Moving Average of $0.12

CanAsia Energy Corp. (CVE:CECGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.13. CanAsia Energy shares last traded at C$0.13, with a volume of 91,000 shares changing hands.

CanAsia Energy Stock Performance

The business has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.12. The firm has a market cap of C$16.92 million and a price-to-earnings ratio of -3.75.

CanAsia Energy (CVE:CECGet Free Report) last released its quarterly earnings results on Thursday, May 16th. The company reported C($0.01) EPS for the quarter. On average, equities research analysts forecast that CanAsia Energy Corp. will post 0.02 earnings per share for the current year.

About CanAsia Energy

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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