Questerre Energy (TSE:QEC) Stock Crosses Above 200-Day Moving Average - Here's Why

Key Points

• Questerre Energy's stock price has surpassed its 200-day moving average of C$0.30, reaching a high of C$0.36 during trading.
• The company has a market capitalization of C$145.70 million and reported a PE ratio of -17.00.
• Questerre Energy is focused on the acquisition, exploration, and development of oil and gas projects, including non-conventional projects like shale gas and oil.

Questerre Energy Co. (TSE:QEC - )'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.30 and traded as high as C$0.36. Questerre Energy shares last traded at C$0.34, with a volume of 14,020 shares trading hands.

Questerre Energy Trading Down 6.8%

The firm has a market capitalization of C$145.70 million, a PE ratio of -17.00 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 business's fifty day moving average price is C$0.35 and its 200 day moving average price is 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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