Crown Point Energy (CVE:CWV) Stock Price Crosses Below Two Hundred Day Moving Average of $0.06

Crown Point Energy Inc. (CVE:CWV) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.06 and traded as low as C$0.06. Crown Point Energy shares last traded at C$0.06, with a volume of 20,100 shares traded.

Crown Point Energy Trading Up 9.1 %

The company has a debt-to-equity ratio of 168.97, a current ratio of 0.39 and a quick ratio of 0.42. The firm has a market cap of C$4.37 million, a PE ratio of -0.40 and a beta of 2.54. The company’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.06.

Crown Point Energy (CVE:CWV) last released its earnings results on Tuesday, March 12th. The company reported C($0.10) earnings per share (EPS) for the quarter. The business had revenue of C$7.53 million for the quarter. Crown Point Energy had a negative return on equity of 37.17% and a negative net margin of 36.95%.

About Crown Point Energy

Crown Point Energy Inc explores for, develops, and produces petroleum and natural gas properties in Argentina. The company holds a 100% working interest in the Cerro de Los Leones concession located in the Neuquén Basin, Argentina. It also holds interests in the Las Violetas, La Angostura, and Rio Cullen exploitation concessions in Tierra del Fuego; and Chañares Herrados exploitation concession located in the Cuyano Basin.