Bonterra Energy (TSE:BNE) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.47 and traded as high as C$3.82. Bonterra Energy shares last traded at C$3.82, with a volume of 45,150 shares.

Bonterra Energy Price Performance

The stock has a 50 day moving average price of C$3.31 and a two-hundred day moving average price of C$3.48. The company has a debt-to-equity ratio of 29.00, a quick ratio of 0.21 and a current ratio of 0.53. The company has a market capitalization of C$149.48 million, a PE ratio of 5.46 and a beta of 2.66.

Insider Activity at Bonterra Energy

In other news, Director Stacey Elizabeth Mcdonald acquired 8,500 shares of the firm's stock in a transaction dated Friday, March 21st. The shares were bought at an average price of C$3.59 per share, with a total value of C$30,481.00. In the last ninety days, insiders have purchased 15,920 shares of company stock valued at $53,340. Corporate insiders own 13.89% of the company's stock.

Bonterra Energy Company Profile

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.