Sintana Energy (CVE:SEI) Trading 25.5% Higher - What's Next?

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s stock price was up 25.5% on Saturday . The stock traded as high as C$0.73 and last traded at C$0.64. Approximately 1,812,352 shares changed hands during 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 Trading Up 1.4%

The stock has a market capitalization of C$261.30 million, a P/E ratio of -26.00 and a beta of 0.87. The company has a fifty day simple moving average of C$0.53 and a two-hundred day simple moving average of C$0.75.

Insider Buying and Selling at Sintana Energy

In other news, Senior Officer David Lewis Cherry sold 100,000 shares of the firm's stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$0.69, for a total transaction of C$69,000.00. Also, Director Douglas Glenn Manner sold 300,000 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of C$0.64, for a total value of C$192,750.00. Insiders have sold a total of 589,666 shares of company stock valued at $351,789 in the last three months. 15.35% of the stock is currently owned by company 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.