Shares of Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.01 and traded as low as $1.95. Canacol Energy shares last traded at $1.95, with a volume of 324 shares changing hands.
Canacol Energy Trading Up 2.4%
The firm has a market cap of $66.38 million, a PE ratio of -13.90 and a beta of 0.95. The company has a 50 day moving average price of $2.01 and a 200 day moving average price of $2.37.
Canacol Energy (OTCMKTS:CNNEF - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.33. The firm had revenue of $72.74 million for the quarter, compared to analysts' expectations of $83.58 million.
About Canacol Energy
(
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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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