Questerre Energy (TSE:QEC) Shares Up 1.7% – Here’s What Happened

Questerre Energy Co. (TSE:QEC) traded up 1.7% during mid-day trading on Wednesday . The company traded as high as C$0.30 and last traded at C$0.30. 54,350 shares were traded during mid-day trading, a decline of 12% from the average session volume of 62,114 shares. The stock had previously closed at C$0.29.

Questerre Energy Stock Performance

The firm’s 50 day simple moving average is C$0.28 and its 200 day simple moving average is C$0.31. The firm has a market cap of C$123.20 million, a PE ratio of -9.58 and a beta of -0.48. The company has a current ratio of 0.53, a quick ratio of 2.62 and a debt-to-equity ratio of 80.61.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.