Bonterra Energy (TSE:BNE) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Bonterra Energy Corp. (TSE:BNE) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.65 and traded as high as C$3.69. Bonterra Energy shares last traded at C$3.53, with a volume of 8,900 shares trading hands.

Bonterra Energy Stock Down 3.0 %

The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21. The stock has a market cap of C$133.59 million, a PE ratio of 4.88 and a beta of 2.66. The business has a fifty day moving average of C$3.68 and a 200-day moving average of C$3.65.

Insider Activity at Bonterra Energy

In other news, Director Stacey Elizabeth Mcdonald purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average price of C$3.26 per share, for a total transaction of C$32,600.00. 13.89% of the stock is owned by company insiders.

Bonterra Energy Company Profile

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.