Condor Petroleum (TSE:CPI) Stock Price Passes Above Two Hundred Day Moving Average of $0.21
Condor Petroleum Inc (TSE:CPI)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.21 and traded as high as $0.35. Condor Petroleum shares last traded at $0.34, with a volume of 46,000 shares traded.
The firm has a market cap of $16.34 million and a price-to-earnings ratio of -1.40. The company has a current ratio of 0.37, a quick ratio of 0.25 and a debt-to-equity ratio of 25.44. The firm has a 50 day moving average price of C$0.22 and a 200-day moving average price of C$0.21.
Condor Petroleum (TSE:CPI) last released its quarterly earnings results on Tuesday, August 13th. The oil and gas exploration company reported C($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.02) by C($0.01). The firm had revenue of C$3.18 million during the quarter. As a group, equities analysts expect that Condor Petroleum Inc will post -0.11 earnings per share for the current fiscal year.
Condor Petroleum Inc, through its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company owns a 100% interest in the Zharkamys West 1 territory that covers an area of approximately 3,777 square kilometers located in the Pre-Caspian basin in the Republic of Kazakhstan.
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