Renaissance Oil Corp. (CVE:ROE – Get Free Report) traded up 3% during mid-day trading on Thursday . The company traded as high as C$0.51 and last traded at C$0.51. 1,991,062 shares were traded during mid-day trading, an increase of 54% from the average session volume of 1,292,922 shares. The stock had previously closed at C$0.50.
Renaissance Oil Stock Performance
The company has a market capitalization of C$190.57 million and a PE ratio of -6.22. The firm has a 50-day moving average of C$0.51 and a two-hundred day moving average of C$0.51. The company has a quick ratio of 0.74, a current ratio of 0.75 and a debt-to-equity ratio of 37.94.
Renaissance Oil Company Profile
Renaissance Oil Corp., together with its subsidiaries, engages in the acquisition, development, and production of oil and gas properties in Mexico and Africa. It holds interests in the Mundo Nuevo block covering an area of 27.7 square kilometers; Topén block covering an area of 25.3 square kilometers; and Malva block, including an area of 21.2 square kilometers located in Chiapas, Mexico.
Further Reading
- Five stocks we like better than Renaissance Oil
- How to Calculate Retirement Income: MarketBeat’s Calculator
- When Is the Best Time to Invest in Mutual Funds?
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Is NVIDIA Stock in a Correction or Consolidation?
- What Are Growth Stocks and Investing in Them
- 3 Oversold Stocks with Big RSI Rebound Potential
Receive News & Ratings for Renaissance Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renaissance Oil and related companies with MarketBeat.com's FREE daily email newsletter.
