Canacol Energy Ltd (TSE:CNE – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$3.78 and traded as high as C$3.79. Canacol Energy shares last traded at C$3.71, with a volume of 17,269 shares changing hands.
Canacol Energy Trading Down 4.3 %
The company has a 50 day moving average of C$3.72 and a 200 day moving average of C$3.77. The firm has a market cap of C$122.45 million, a P/E ratio of 7.64 and a beta of 0.82. The company has a debt-to-equity ratio of 203.67, a quick ratio of 1.34 and a current ratio of 0.97.
About Canacol Energy
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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