Pine Cliff Energy (TSE:PNE) Sets New 12-Month Low – What’s Next?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as C$0.55 and last traded at C$0.57, with a volume of 413577 shares trading hands. The stock had previously closed at C$0.57.

Pine Cliff Energy Stock Performance

The firm has a market cap of C$204.51 million, a PE ratio of -28.50 and a beta of 0.03. The stock’s fifty day simple moving average is C$0.61 and its two-hundred day simple moving average is C$0.69. The company has a quick ratio of 1.48, a current ratio of 0.56 and a debt-to-equity ratio of 129.72.

Pine Cliff Energy Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.0013 per share. The ex-dividend date was Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. Pine Cliff Energy’s dividend payout ratio is presently -75.00%.

About Pine Cliff Energy

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

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