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Hemisphere Energy (CVE:HME) Stock Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Hemisphere Energy logo with Energy background

Hemisphere Energy Co. (CVE:HME - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.81 and traded as low as C$1.69. Hemisphere Energy shares last traded at C$1.73, with a volume of 78,074 shares trading hands.

Hemisphere Energy Price Performance

The company has a market capitalization of C$169.58 million, a price-to-earnings ratio of 5.77 and a beta of 1.95. The company has a current ratio of 2.15, a quick ratio of 0.74 and a debt-to-equity ratio of 5.65. The company's 50 day simple moving average is C$1.75 and its 200-day simple moving average is C$1.81.

About Hemisphere Energy

(Get Free Report)

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.

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