Shares of Canacol Energy Ltd (TSE:CNE - Get Free Report) rose 33.5% during trading 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 Stock Down 12.9%
The firm has a 50-day moving average price of C$2.16 and a two-hundred day moving average price of C$2.86. The company has a market capitalization of C$76.09 million, a P/E ratio of 2.48 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
(
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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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