Cequence Energy Ltd. (CQE.TO) (TSE:CQE) Shares Up 3.4%

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Cequence Energy Ltd. (CQE.TO) (TSE:CQE)’s stock price shot up 3.4% during trading on Monday . The company traded as high as C$0.15 and last traded at C$0.15. 2,022 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 47,949 shares. The stock had previously closed at C$0.15.

The firm’s 50-day moving average is C$0.15. The company has a debt-to-equity ratio of 113.28, a current ratio of 0.60 and a quick ratio of 0.54. The stock has a market capitalization of C$6.27 million and a P/E ratio of -0.05.

About Cequence Energy Ltd. (CQE.TO) (TSE:CQE)

Cequence Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd.

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