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

Key Points

• Questerre Energy's stock price has crossed above its 200-day moving average for the first time, trading at C$0.33, compared to a 200-day moving average of C$0.29.
• The company, which operates in the oil and gas sector, has a market cap of C$139.27 million and a PE ratio of -16.25.
• Questerre Energy focuses on acquiring, exploring, and developing non-conventional oil and gas projects across regions in Canada, including Western Canada and Quebec.

Questerre Energy Co. (TSE:QEC - )'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.29 and traded as high as C$0.34. Questerre Energy shares last traded at C$0.33, with a volume of 62,634 shares changing hands.

Questerre Energy Stock Performance

The company has a market cap of C$139.27 million, a PE ratio of -16.25 and a beta of 0.10. The company has a quick ratio of 2.62, a current ratio of 3.02 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average of C$0.34 and a 200-day moving average of C$0.29.

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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