Questerre Energy (TSE:QEC) Trading Down 5.8% – Should You Sell?

Questerre Energy Co. (TSE:QEC) traded down 5.8% during mid-day trading on Tuesday . The stock traded as low as C$0.25 and last traded at C$0.25. 10,000 shares were traded during trading, a decline of 66% from the average session volume of 29,646 shares. The stock had previously closed at C$0.26.

Questerre Energy Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.62 and a current ratio of 2.89. The firm has a market capitalization of C$104.99 million, a PE ratio of -3.50 and a beta of 1.21. The stock has a fifty day moving average price of C$0.26 and a 200-day moving average price of C$0.25.

Questerre Energy Company Profile

Questerre Energy Corporation, an energy technology and innovation company, acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.