Bonterra Energy (TSE:BNE) Stock Price Passes Above 200 Day Moving Average - Here's Why

Bonterra Energy Corp. (TSE:BNE - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.45 and traded as high as C$3.71. Bonterra Energy shares last traded at C$3.68, with a volume of 39,363 shares traded.

Bonterra Energy Trading Up 2.1%

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 firm has a market cap of C$145.32 million, a P/E ratio of 5.31 and a beta of 2.66. The company's 50 day simple moving average is C$3.25 and its 200-day simple moving average is C$3.45.

Insider Buying and Selling

In related news, Director Stacey Elizabeth Mcdonald purchased 8,500 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was purchased at an average price of C$3.59 per share, with a total value of C$30,481.00. In the last three months, insiders acquired 15,920 shares of company stock valued at $53,340. 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.