Canacol Energy (TSE:CNE) Stock Price Down 13.3% – Here’s What Happened

Canacol Energy Ltd (TSE:CNEGet Free Report) shares dropped 13.3% on Monday . The stock traded as low as C$1.54 and last traded at C$1.57. Approximately 107,100 shares traded hands during trading, an increase of 188% from the average daily volume of 37,125 shares. The stock had previously closed at C$1.81.

Canacol Energy Stock Performance

The stock has a market cap of C$52.20 million, a price-to-earnings ratio of 1.70 and a beta of 1.24. The firm’s 50-day moving average is C$2.41 and its two-hundred day moving average is C$2.42. The company has a current ratio of 1.50, a quick ratio of 1.34 and a debt-to-equity ratio of 209.68.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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