Hemisphere Energy (CVE:HME) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Hemisphere Energy Co. (CVE:HMEGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.85 and traded as high as C$1.85. Hemisphere Energy shares last traded at C$1.83, with a volume of 28,841 shares trading hands.

Hemisphere Energy Stock Performance

The stock has a market capitalization of C$180.80 million, a PE ratio of 6.34 and a beta of 1.95. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.74 and a current ratio of 3.98. The firm has a 50 day moving average of C$1.85 and a 200-day moving average of C$1.81.

Hemisphere Energy Company Profile

(Get Free Report)

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.

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