Questerre Energy (TSE:QEC) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Questerre Energy Co. (TSE:QEC) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.32 and traded as high as C$0.32. Questerre Energy shares last traded at C$0.31, with a volume of 24,244 shares trading hands.

Questerre Energy Price Performance

The business has a 50-day simple moving average of C$0.31 and a two-hundred day simple moving average of C$0.32. The company has a quick ratio of 2.62, a current ratio of 3.02 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of C$130.70 million, a price-to-earnings ratio of -10.17 and a beta of -0.33.

Questerre Energy (TSE:QEC) last posted its quarterly earnings data on Thursday, November 13th. The company reported C($0.01) EPS for the quarter. The firm had revenue of C$10.73 million during the quarter. Questerre Energy had a negative return on equity of 17.38% and a negative net margin of 73.31%. As a group, research analysts predict that Questerre Energy Co. will post 0.06 earnings per share for the current fiscal year.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.