Canacol Energy Ltd (
TSE:CNE -
Get Free Report) was up 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 mid-day 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 stock's 50-day simple moving average is C$2.16 and its 200 day simple moving average is C$2.89. The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 209.68. The company has a market cap of C$53.23 million, a price-to-earnings ratio of 2.35 and a beta of 0.82.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
