Frontera Energy (TSE:FEC) Sets New 12-Month High – What’s Next?

Shares of Frontera Energy Co. (TSE:FEC) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$13.52 and last traded at C$13.52, with a volume of 29947 shares traded. The stock had previously closed at C$13.09.

Frontera Energy Trading Up 3.2%

The stock has a market cap of C$936.64 million, a PE ratio of -2.37, a price-to-earnings-growth ratio of 0.06 and a beta of 0.39. The company has a debt-to-equity ratio of 42.80, a quick ratio of 0.72 and a current ratio of 0.78. The company has a 50 day moving average of C$9.34 and a two-hundred day moving average of C$7.02.

Frontera Energy Company Profile

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.