Gibson Energy (OTCMKTS:GBNXF) Shares Cross Above 50 Day Moving Average – What’s Next?

Gibson Energy Inc. (OTCMKTS:GBNXF) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $16.12 and traded as high as $16.85. Gibson Energy shares last traded at $16.74, with a volume of 2,401 shares changing hands.

Gibson Energy Stock Performance

The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 21.46 and a beta of 0.94. The firm’s 50-day moving average is $16.12 and its two-hundred day moving average is $16.45. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 2.82.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.26 by $0.02. The company had revenue of $2.36 billion during the quarter. Gibson Energy had a return on equity of 20.55% and a net margin of 1.41%. As a group, sell-side analysts expect that Gibson Energy Inc. will post 1 earnings per share for the current year.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.