Perpetual Energy (TSE:PMT) Stock Price Down 4.4%

Perpetual Energy Inc. (TSE:PMT)’s share price fell 4.4% during mid-day trading on Wednesday . The stock traded as low as C$0.43 and last traded at C$0.43. 146,000 shares changed hands during trading, an increase of 494% from the average session volume of 24,597 shares. The stock had previously closed at C$0.45.

Perpetual Energy Trading Down 4.4 %

The company has a quick ratio of 0.40, a current ratio of 1.03 and a debt-to-equity ratio of 33.31. The firm has a market capitalization of C$29.12 million, a PE ratio of -2.81 and a beta of 3.08. The business’s fifty day moving average price is C$0.45 and its 200 day moving average price is C$0.47.

Perpetual Energy (TSE:PMT) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$0.05 EPS for the quarter. The firm had revenue of C$4.86 million during the quarter. Perpetual Energy had a negative net margin of 30.08% and a negative return on equity of 10.67%. As a group, analysts expect that Perpetual Energy Inc. will post 0.0482143 EPS for the current fiscal year.

About Perpetual Energy

Perpetual Energy Inc engages in the exploration, production, and marketing of oil and natural gas in Canada. The company's portfolio of assets includes liquids-rich natural gas assets located in deep basin of west central Alberta; and undeveloped bitumen leases located in Northern Alberta. Perpetual Energy Inc is headquartered in Calgary, Canada.