Pine Cliff Energy (TSE:PNE) Hits New 52-Week Low – Time to Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.55 and last traded at C$0.57, with a volume of 413577 shares. The stock had previously closed at C$0.57.

Pine Cliff Energy Price Performance

The firm has a fifty day moving average price of C$0.61 and a two-hundred day moving average price of C$0.69. The company has a quick ratio of 1.48, a current ratio of 0.56 and a debt-to-equity ratio of 129.72. The stock has a market capitalization of C$211.69 million, a P/E ratio of -29.50 and a beta of 0.03.

Pine Cliff Energy Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.0013 per share. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Monday, June 15th. Pine Cliff Energy’s dividend payout ratio (DPR) is currently -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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