Canacol Energy Ltd (TSE:CNE - Get Free Report) rose 33.5% on Friday . The company traded as high as C$2.33 and last traded at C$2.19. Approximately 494,143 shares traded hands during trading, an increase of 1,462% from the average daily volume of 31,645 shares. The stock had previously closed at C$1.64.
Canacol Energy Price Performance
The business's 50 day moving average is C$2.15 and its two-hundred day moving average is C$2.86. The firm has a market cap of C$82.57 million, a P/E ratio of 2.69 and a beta of 1.21. The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 209.68.
About Canacol Energy
(
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.
See Also
Before you consider Canacol 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 Canacol Energy wasn't on the list.
While Canacol Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
