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Bonterra Energy (TSE:BNE) Shares Cross Above 200-Day Moving Average - Should You Sell?

Bonterra Energy logo with Energy background

Shares of Bonterra Energy Corp. (TSE:BNE - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.49 and traded as high as C$3.92. Bonterra Energy shares last traded at C$3.84, with a volume of 29,900 shares changing hands.

Bonterra Energy Price Performance

The stock's 50-day simple moving average is C$3.43 and its 200 day simple moving average is C$3.49. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 29.00. The company has a market cap of C$140.40 million, a price-to-earnings ratio of 5.13 and a beta of 2.66.

Bonterra Energy Company Profile

(Get Free Report)

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.

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