Shares of Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report) were up 2.9% on Monday . The company traded as high as C$1.09 and last traded at C$1.07. Approximately 109,470 shares were traded during trading, a decline of 66% from the average daily volume of 322,912 shares. The stock had previously closed at C$1.04.
Eco Atlantic Oil & Gas Price Performance
The stock has a market cap of C$370.69 million, a price-to-earnings ratio of -353.33 and a beta of 0.12. The company’s fifty day simple moving average is C$1.02 and its two-hundred day simple moving average is C$0.89.
About Eco Atlantic Oil & Gas
Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.
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