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Questerre Energy (TSE:QEC) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Questerre Energy logo with Energy background

Key Points

  • Questerre Energy's share price surpassed its two hundred day moving average, indicating a potential upward trend, with shares trading as high as C$0.38.
  • The stock has shown a significant increase of 10.8% and is currently valued at C$0.36 with a market capitalization of C$154.27 million.
  • Questerre Energy is involved in acquiring, exploring, and developing oil and gas projects, primarily focused on non-conventional energy sources such as tight oil and shale gas.
  • Need better tools to track Questerre Energy? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Questerre Energy Co. (TSE:QEC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.27 and traded as high as C$0.38. Questerre Energy shares last traded at C$0.36, with a volume of 363,398 shares changing hands.

Questerre Energy Stock Performance

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 stock has a market cap of C$162.84 million, a price-to-earnings ratio of -6.46 and a beta of 1.21. The firm has a fifty day moving average of C$0.29 and a 200 day moving average of C$0.27.

Questerre Energy Company Profile

(Get Free Report)

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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