Primeline Energy Holdings Inc. (PEH.V) (CVE:PEH) Stock Passes Below 200-Day Moving Average – What’s Next?

Primeline Energy Holdings Inc. (PEH.V) (CVE:PEH) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.01 and traded as low as C$0.01. Primeline Energy Holdings Inc. (PEH.V) shares last traded at C$0.01, with a volume of 7,200 shares traded.

Primeline Energy Holdings Inc. (PEH.V) Stock Performance

The stock has a market cap of C$2.23 million and a PE ratio of -0.06. The company has a debt-to-equity ratio of 2,769.72, a current ratio of 0.05 and a quick ratio of 0.04. The firm has a 50 day moving average of C$0.01 and a two-hundred day moving average of C$0.01.

Primeline Energy Holdings Inc. (PEH.V) Company Profile

Primeline Energy Holdings Inc engages in the exploration, development, and production of offshore oil and gas properties in the People's Republic of China. The company has 100% contractor's interest in the petroleum contract with China National Offshore Oil Corporation for Block 33/07 that covers an area of 4,397 square kilometers; and 49% interest in the producing LS36-1 gas field in Block 25/34 that covers an area of 84.7 square kilometers in the East China Sea.