Pine Cliff Energy (TSE:PNE) Sets New 52-Week Low – What’s Next?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.52 and last traded at C$0.52, with a volume of 474372 shares changing hands. The stock had previously closed at C$0.52.

Pine Cliff Energy Stock Performance

The firm’s fifty day moving average price is C$0.57 and its 200 day moving average price is C$0.64. The company has a current ratio of 0.56, a quick ratio of 1.48 and a debt-to-equity ratio of 129.72. The firm has a market capitalization of C$182.98 million, a PE ratio of -25.50 and a beta of -0.00.

Pine Cliff Energy Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 31st will be paid a $0.0013 dividend. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 3.1%. Pine Cliff Energy’s payout ratio is -75.00%.

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

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