Coelacanth Energy Inc. (CVE:CEI - Get Free Report) Senior Officer John Nandor Fur sold 59,700 shares of the firm's stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of C$0.80, for a total value of C$47,760.00.
Coelacanth Energy Stock Performance
CEI remained flat at C$0.84 on Monday. 12,242 shares of the company's stock were exchanged, compared to its average volume of 110,418. The company has a 50-day moving average price of C$0.84 and a 200-day moving average price of C$0.84. The company has a market cap of C$445.76 million, a P/E ratio of -66.04 and a beta of 0.98. Coelacanth Energy Inc. has a one year low of C$0.69 and a one year high of C$0.98.
Wall Street Analyst Weigh In
Separately, Roth Capital set a C$1.05 target price on shares of 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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