Petroteq Energy (CVE:PQE) Sets New 52-Week Low at $0.26
Petroteq Energy Inc (CVE:PQE) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.26 and last traded at C$0.27, with a volume of 74681 shares trading hands. The stock had previously closed at C$0.27.
The company has a quick ratio of 0.15, a current ratio of 0.33 and a debt-to-equity ratio of 17.40. The stock’s 50 day moving average is C$0.32. The firm has a market cap of $33.46 million and a price-to-earnings ratio of -1.13.
Petroteq Energy (CVE:PQE) last announced its quarterly earnings data on Monday, April 29th. The company reported C($0.04) EPS for the quarter. The business had revenue of C$0.03 million for the quarter. As a group, research analysts expect that Petroteq Energy Inc will post -0.07 earnings per share for the current year.
Petroteq Energy Inc engages in the oil extraction and processing operations. The company is involved in the tar sands mining and oil processing activities using a closed-loop solvent based extraction system that recovers bitumen from surface mining. It holds a 100% working interest in 2,541.73 acre oil sands leases covering oil sands in the Asphalt Ridge area in Utah.
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