Pine Cliff Energy (TSE:PNE) Reaches New 52-Week Low – Time to Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.54 and last traded at C$0.54, with a volume of 210315 shares trading hands. The stock had previously closed at C$0.55.

Pine Cliff Energy Stock Performance

The company has a current ratio of 0.56, a quick ratio of 1.48 and a debt-to-equity ratio of 129.72. The business has a 50 day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.65. The stock has a market cap of C$197.34 million, a price-to-earnings ratio of -27.50 and a beta of -0.00.

Pine Cliff Energy Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 31st were given a dividend of $0.0013 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. Pine Cliff Energy’s dividend payout ratio (DPR) is presently -75.00%.

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

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