Questerre Energy (TSE:QEC) Hits New 52-Week High - Time to Buy?

Key Points

• Questerre Energy's stock price reached a new 52-week high of C$0.44 during trading, up from its previous close of C$0.38.
• The company has a market capitalization of C$188.55 million and a debt-to-equity ratio of 0.12, indicating a stable financial position.
• Questerre Energy is involved in the acquisition, exploration, and development of non-conventional oil and gas projects across various segments in Canada.

Questerre Energy Co. (TSE:QEC - )'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.44 and last traded at C$0.44, with a volume of 132817 shares changing hands. The stock had previously closed at C$0.38.

Questerre Energy Price Performance

The company's 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.27. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.02 and a quick ratio of 2.62. The company has a market cap of C$188.55 million, a P/E ratio of -7.49 and a beta of 1.21.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others.

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