Canacol Energy Ltd (OTCMKTS:CNNEF – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.56 and traded as low as $2.34. Canacol Energy shares last traded at $2.35, with a volume of 7,396 shares trading hands.
Canacol Energy Stock Down 8.2 %
The firm has a 50-day moving average of $2.64 and a 200 day moving average of $2.56. The stock has a market capitalization of $80.18 million, a P/E ratio of -2.45 and a beta of 0.99.
Canacol Energy (OTCMKTS:CNNEF – Get Free Report) last released its quarterly earnings data on Thursday, March 20th. The company reported ($0.75) EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($1.65). The firm had revenue of $98.34 million for the quarter, compared to the consensus estimate of $138.92 million.
Canacol Energy Company Profile
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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