Canacol Energy (TSE:CNE) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Canacol Energy Ltd (TSE:CNEGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.60 and traded as high as C$3.85. Canacol Energy shares last traded at C$3.84, with a volume of 8,180 shares.

Canacol Energy Stock Performance

The firm has a market cap of C$93.34 million, a PE ratio of 4.13 and a beta of 0.82. The stock has a 50-day moving average price of C$3.78 and a 200 day moving average price of C$3.60. The company has a debt-to-equity ratio of 209.68, a current ratio of 1.50 and a quick ratio of 1.34.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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