Frontera Energy (TSE:FEC) Sets New 52-Week High – Time to Buy?

Frontera Energy Co. (TSE:FEC) hit a new 52-week high on Tuesday . The company traded as high as C$14.25 and last traded at C$14.25, with a volume of 8859 shares trading hands. The stock had previously closed at C$13.96.

Frontera Energy Stock Performance

The company has a debt-to-equity ratio of 82.19, a current ratio of 0.76 and a quick ratio of 0.72. The stock has a 50 day simple moving average of C$11.96 and a two-hundred day simple moving average of C$7.99. The company has a market cap of C$955.67 million, a PE ratio of -0.96, a PEG ratio of 0.06 and a beta of -0.07.

Frontera Energy (TSE:FEC) last issued its quarterly earnings data on Wednesday, March 18th. The company reported C($12.31) earnings per share for the quarter. The firm had revenue of C$653.07 million during the quarter. Frontera Energy had a negative net margin of 104.96% and a negative return on equity of 88.55%. Equities analysts predict that Frontera Energy Co. will post 1.648374 EPS for the current year.

About Frontera Energy

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.