Altura Energy (CVE:ATU) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Altura Energy Inc. (CVE:ATUGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.38 and traded as low as C$0.36. Altura Energy shares last traded at C$0.38, with a volume of 507,620 shares changing hands.

Altura Energy Price Performance

The company has a current ratio of 0.37, a quick ratio of 0.33 and a debt-to-equity ratio of 14.63. The company’s fifty day moving average is C$0.38 and its two-hundred day moving average is C$0.38. The stock has a market cap of C$103.67 million and a price-to-earnings ratio of 4.52.

Altura Energy Company Profile

(Get Free Report)

Altura Energy Inc operates as a junior oil and gas exploration, development, and production company in central Alberta. As of December 31, 2020, the company held a 89% working interest in 44,353 acres of land at Leduc-Woodbend Rex Pool property; and a 54.1% working interest in 1,920 acres of land in the Leduc-Woodbend Glauconitic D Unit No.1 property.

Read More

Receive News & Ratings for Altura Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altura Energy and related companies with MarketBeat.com's FREE daily email newsletter.