Questerre Energy (TSE:QEC) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Questerre Energy's shares have crossed above their 200-day moving average, reaching a trading high of C$0.31 last Friday.
• Despite the recent price movement, Questerre Energy's stock is currently down 3.1%.
• The company holds a market cap of C$132.84 million and operates in the oil and gas sector, specializing in non-conventional energy projects.

Shares of Questerre Energy Co. (TSE:QEC - ) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.29 and traded as high as C$0.31. Questerre Energy shares last traded at C$0.31, with a volume of 3,500 shares traded.

Questerre Energy Stock Down 3.1%

The company has a current ratio of 3.02, a quick ratio of 2.62 and a debt-to-equity ratio of 0.12. The stock has a 50-day simple moving average of C$0.33 and a 200-day simple moving average of C$0.29. The company has a market cap of C$132.84 million, a price-to-earnings ratio of -15.50 and a beta of 0.10.

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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