Shares of Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.98 and traded as low as $1.67. Canacol Energy shares last traded at $1.73, with a volume of 18,364 shares traded.
Canacol Energy Stock Performance
The firm has a market cap of $58.99 million, a P/E ratio of -12.36 and a beta of 0.95. The business's 50-day simple moving average is $1.98 and its 200 day simple moving average is $2.34.
Canacol Energy (OTCMKTS:CNNEF - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.33. The business had revenue of $72.74 million during the quarter, compared to the consensus estimate of $83.58 million.
About Canacol Energy
(
Get Free Report)
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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