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Canacol Energy (TSE:CNE) Stock Price Passes Above 200-Day Moving Average - Should You Sell?

Canacol Energy logo with Energy background

Canacol Energy Ltd (TSE:CNE - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.56 and traded as high as C$4.00. Canacol Energy shares last traded at C$3.13, with a volume of 75,537 shares trading hands.

Canacol Energy Price Performance

The firm has a 50 day moving average of C$3.41 and a 200-day moving average of C$3.56. The company has a market cap of C$72.44 million, a P/E ratio of 3.20 and a beta of 0.82. The company has a current ratio of 1.50, a quick ratio of 1.34 and a debt-to-equity ratio of 209.68.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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