Petro-Victory Energy (CVE:VRY) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Petro-Victory Energy Corp. (CVE:VRY)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.96 and traded as high as C$1.19. Petro-Victory Energy shares last traded at C$0.86, with a volume of 1,515 shares.

Petro-Victory Energy Stock Performance

The company has a current ratio of 0.03, a quick ratio of 0.04 and a debt-to-equity ratio of 380.98. The stock’s 50-day moving average price is C$0.96 and its 200-day moving average price is C$1.28. The company has a market capitalization of C$12.37 million, a P/E ratio of -1.79 and a beta of 1.21.

About Petro-Victory Energy

Petro-Victory Energy Corp., through its subsidiaries, engages in the acquisition and development of crude oil and natural gas resources in Latin America. The company was incorporated in 2014 and is based in Dallas, Texas.