CanAsia Energy (CVE:CEC) Shares Down 13.3% – Time to Sell?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s stock price traded down 13.3% during mid-day trading on Saturday . The stock traded as low as C$0.07 and last traded at C$0.07. 639,900 shares were traded during trading, an increase of 1,108% from the average session volume of 52,969 shares. The stock had previously closed at C$0.08.

CanAsia Energy Stock Down 13.3%

The stock has a market cap of C$7.33 million, a P/E ratio of -3.25, a PEG ratio of 0.41 and a beta of 1.03. The business has a 50 day moving average price of C$0.10 and a 200 day moving average price of C$0.09.

About CanAsia Energy

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CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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