Questerre Energy (TSE:QEC) Stock Price Passes Above 200 Day Moving Average of $0.23

Questerre Energy Co. (TSE:QEC) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.23 and traded as high as C$0.24. Questerre Energy shares last traded at C$0.22, with a volume of 15,000 shares changing hands.

Questerre Energy Stock Performance

The business’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.23. The firm has a market cap of C$92.13 million, a P/E ratio of -3.58 and a beta of 1.27. The company has a current ratio of 3.93, a quick ratio of 2.62 and a debt-to-equity ratio of 0.15.

About Questerre Energy

Questerre Energy Corporation, an energy technology and innovation company, acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.