Free Trial

Bonterra Energy (TSE:BNE) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Bonterra Energy logo with Energy background

Key Points

  • Bonterra Energy Corp. (TSE:BNE) saw its stock price rise above its 200-day moving average, closing at C$3.51 after peaking at C$3.52 during trading.
  • The company's market capitalization stands at C$127.88 million, with a debt-to-equity ratio of 29.00 and a negative P/E ratio of -18.47.
  • Bonterra Energy operates in the Western Canadian Sedimentary Basin, focusing on the development and production of crude oil, natural gas, and natural gas liquids.
  • MarketBeat previews top five stocks to own in October.

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.49 and traded as high as C$3.52. Bonterra Energy shares last traded at C$3.51, with a volume of 23,098 shares traded.

Bonterra Energy Stock Performance

The firm has a market capitalization of C$123.51 million, a price-to-earnings ratio of -17.84 and a beta of 0.92. The stock's fifty day moving average is C$3.57 and its two-hundred day moving average is C$3.48. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 29.00.

About Bonterra Energy

(Get Free Report)

Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.

Featured Articles

Should You Invest $1,000 in Bonterra Energy Right Now?

Before you consider Bonterra Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bonterra Energy wasn't on the list.

While Bonterra Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.