Questerre Energy (TSE:QEC) Share Price Passes Above 200 Day Moving Average - What's Next?

Key Points

• Questerre Energy (TSE:QEC) shares surpassed their 200-day moving average of C$0.30, reaching a trading high of C$0.37.
• The company's market capitalization is C$158.55 million, with a current P/E ratio of -18.50 and a debt-to-equity ratio of 0.12.
• Questerre Energy is focused on acquiring, exploring, and developing oil and gas projects, primarily in Western Canada and Quebec.

Questerre Energy Co. (TSE:QEC - ) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.30 and traded as high as C$0.37. Questerre Energy shares last traded at C$0.37, with a volume of 1,062 shares changing hands.

Questerre Energy Trading Down 1.3%

The firm has a market capitalization of C$158.55 million, a P/E ratio of -18.50 and a beta of -0.19. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.62 and a current ratio of 3.02. The firm has a 50 day moving average price of C$0.35 and a two-hundred day moving average price of C$0.30.

About Questerre Energy

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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