Questerre Energy (TSE:QEC) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Questerre Energy Co. shares have crossed above their 200-day moving average, reaching as high as C$0.42 during trading, with the last traded price at C$0.39.
• The company currently has a market capitalization of C$167.12 million, a P/E ratio of -6.63, and a low debt-to-equity ratio of 0.12, indicating financial stability.
• Questerre Energy is involved in the acquisition, exploration, and development of oil and gas projects in Canada, focusing on non-conventional projects such as tight oil and shale gas.

Questerre Energy Co. (TSE:QEC - ) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.28 and traded as high as C$0.42. Questerre Energy shares last traded at C$0.39, with a volume of 26,777 shares trading hands.

Questerre Energy Stock Down 2.5%

The firm has a 50 day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.28. The stock has a market capitalization of C$167.12 million, a P/E ratio of -6.63 and a beta of 1.21. The company has a quick ratio of 2.62, a current ratio of 3.02 and a debt-to-equity ratio of 0.12.

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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