Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) Senior Officer Austin William Nieuwdorp acquired 25,000 shares of Pine Cliff Energy stock in a transaction on Wednesday, June 4th. The shares were bought at an average price of C$0.57 per share, for a total transaction of C$14,250.00.
Pine Cliff Energy Stock Performance
PNE stock traded down C$0.01 on Thursday, reaching C$0.57. The company's stock had a trading volume of 667,331 shares, compared to its average volume of 183,975. Pine Cliff Energy Ltd. has a 52 week low of C$0.51 and a 52 week high of C$1.14. The company has a market capitalization of C$206.45 million, a P/E ratio of -13.76 and a beta of 0.37. The firm has a fifty day moving average of C$0.58 and a two-hundred day moving average of C$0.76. The company has a debt-to-equity ratio of 76.74, a current ratio of 0.47 and a quick ratio of 1.48.
Pine Cliff Energy Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 30th were issued a $0.0013 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend was Thursday, May 15th. Pine Cliff Energy's dividend payout ratio (DPR) is -144.83%.
Wall Street Analyst Weigh In
Several research firms recently commented on PNE. Desjardins cut their price target on Pine Cliff Energy from C$1.00 to C$0.95 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Canaccord Genuity Group raised Pine Cliff Energy from a "hold" rating to a "buy" rating and set a C$0.90 price objective for the company in a report on Thursday, April 3rd.
Check Out Our Latest Report on Pine Cliff Energy
About Pine Cliff Energy
(
Get Free Report)
Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.
Read More

Before you consider Pine Cliff 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 Pine Cliff Energy wasn't on the list.
While Pine Cliff Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.