Sintana Energy (CVE:SEI) Hits New 52-Week High at $1.19

Sintana Energy Inc. (CVE:SEI) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$1.19 and last traded at C$1.13, with a volume of 4027565 shares. The stock had previously closed at C$1.02.

Sintana Energy Stock Down 5.7 %

The stock has a market cap of C$276.10 million, a PE ratio of 104.00 and a beta of 1.14. The business has a 50 day moving average price of C$0.53 and a 200 day moving average price of C$0.41. The company has a quick ratio of 0.76, a current ratio of 1.49 and a debt-to-equity ratio of 0.99.

Insiders Place Their Bets

In other Sintana Energy news, Director Bruno Maruzzo sold 100,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of C$0.38, for a total transaction of C$38,000.00. In other news, Director Douglas Glenn Manner sold 200,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of C$1.12, for a total value of C$224,000.00. Also, Director Bruno Maruzzo sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of C$0.38, for a total value of C$38,000.00. 18.04% of the stock is currently owned by company insiders.

About Sintana Energy

Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.