Free Trial

ShaMaran Petroleum (CVE:SNM) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

ShaMaran Petroleum logo with Energy background

ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.20 and traded as high as C$0.23. ShaMaran Petroleum shares last traded at C$0.22, with a volume of 54,682 shares traded.

ShaMaran Petroleum Stock Performance

The business has a 50-day moving average of C$0.20 and a two-hundred day moving average of C$0.14. The company has a market cap of C$410.22 million, a P/E ratio of 5.58 and a beta of 1.14. The company has a debt-to-equity ratio of 100.09, a current ratio of 4.89 and a quick ratio of 1.07.

Insider Activity at ShaMaran Petroleum

In other ShaMaran Petroleum news, Director Garrett Soden sold 11,113,667 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$0.15, for a total value of C$1,667,050.05. 25.89% of the stock is owned by corporate insiders.

ShaMaran Petroleum Company Profile

(Get Free Report)

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.

Read More

Should You Invest $1,000 in ShaMaran Petroleum Right Now?

Before you consider ShaMaran Petroleum, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ShaMaran Petroleum wasn't on the list.

While ShaMaran Petroleum currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In
5 Stocks to BUY NOW in May 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines