Coelacanth Energy Inc. (CVE:CEI - Get Free Report) Director Robert John Zakresky sold 170,573 shares of the stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of C$0.80, for a total transaction of C$136,458.40.
Coelacanth Energy Price Performance
CEI stock remained flat at C$0.84 during trading on Monday. 12,242 shares of the company traded hands, compared to its average volume of 110,418. Coelacanth Energy Inc. has a 52 week low of C$0.69 and a 52 week high of C$0.98. The firm has a 50-day moving average of C$0.84 and a 200 day moving average of C$0.84. The stock has a market cap of C$445.76 million, a price-to-earnings ratio of -66.04 and a beta of 0.98.
Analyst Ratings Changes
Separately, Roth Capital set a C$1.05 price objective on Coelacanth Energy and gave the company a "buy" rating in a report on Monday.
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About Coelacanth Energy
(
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Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.
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