Questerre Energy (TSE:QEC) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Questerre Energy Co. (TSE:QEC) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.29 and traded as high as C$0.35. Questerre Energy shares last traded at C$0.35, with a volume of 112,899 shares trading hands.

Questerre Energy Stock Up 2.9%

The firm has a 50-day moving average of C$0.29 and a 200 day moving average of C$0.29. The company has a debt-to-equity ratio of 133.35, a current ratio of 0.50 and a quick ratio of 2.62. The stock has a market capitalization of C$179.27 million, a price-to-earnings ratio of -1.94 and a beta of -0.65.

Questerre Energy (TSE:QEC) last issued its quarterly earnings results on Wednesday, April 1st. The company reported C($0.17) EPS for the quarter. Questerre Energy had a negative net margin of 102.33% and a negative return on equity of 64.56%. The company had revenue of C$39.97 million for the quarter. As a group, sell-side analysts forecast that Questerre Energy Co. will post 0.06 earnings per share for the current fiscal year.

About Questerre Energy

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.