Questerre Energy (TSE:QEC) Trading Up 11.7% - Here's What Happened

Key Points

• Questerre Energy's stock price increased by 11.7% during trading on Tuesday, closing at C$0.34 after reaching a high of C$0.35.
• Approximately 313,300 shares were traded, marking a dramatic increase of 972% from the average daily volume.
• The company specializes in the acquisition, exploration, and development of non-conventional oil and gas projects, with a market cap of C$139.27 million.

Questerre Energy Co. (TSE:QEC - )'s stock price rose 11.7% during trading on Tuesday . The stock traded as high as C$0.35 and last traded at C$0.34. Approximately 313,300 shares traded hands during mid-day trading, an increase of 972% from the average daily volume of 29,218 shares. The stock had previously closed at C$0.30.

Questerre Energy Stock Performance

The stock's 50-day moving average price is C$0.28 and its 200-day moving average price is C$0.27. The company has a market cap of C$139.27 million, a P/E ratio of -5.53 and a beta of 1.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.02 and a quick ratio of 2.62.

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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