Hemisphere Energy (CVE:HME) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Hemisphere Energy Co. (CVE:HME - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$1.81 and traded as high as C$1.91. Hemisphere Energy shares last traded at C$1.88, with a volume of 22,145 shares trading hands.

Hemisphere Energy Stock Down 1.1%

The company has a 50-day simple moving average of C$1.81 and a 200-day simple moving average of C$1.80. The firm has a market cap of C$184.28 million, a PE ratio of 6.27 and a beta of 1.95. The company has a debt-to-equity ratio of 5.65, a current ratio of 2.15 and a quick ratio of 0.74.

Hemisphere Energy Company Profile

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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