Sintana Energy (CVE:SEI) Stock Price Up 25.5% - Still a Buy?

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s share price was up 25.5% during mid-day trading on Saturday . The company traded as high as C$0.73 and last traded at C$0.64. Approximately 1,812,352 shares changed hands during mid-day trading, an increase of 252% from the average daily volume of 514,629 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Up 25.5%

The stock has a market cap of C$238.90 million, a PE ratio of -23.78 and a beta of 0.87. The business's 50-day simple moving average is C$0.53 and its 200-day simple moving average is C$0.75.

Insider Buying and Selling

In other Sintana Energy news, Senior Officer David Lewis Cherry sold 100,000 shares of the company's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of C$0.46, for a total value of C$46,000.00. Also, Director Robert Bose sold 89,666 shares of the firm's stock in a transaction dated Monday, April 28th. The stock was sold at an average price of C$0.49, for a total transaction of C$44,038.74. 15.35% of the stock is owned by insiders.

Sintana Energy Company Profile

Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.