Sintana Energy (CVE:SEI) Trading 25.5% Higher - Should You Buy?

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

Sintana Energy Stock Performance

The company has a market capitalization of C$257.56 million, a PE ratio of -25.63 and a beta of 0.87. The stock's fifty day simple moving average is C$0.53 and its 200-day simple moving average is C$0.75.

Insider Buying and Selling at Sintana Energy

In other news, Senior Officer David Lewis Cherry sold 100,000 shares of the stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of C$0.46, for a total transaction of C$46,000.00. Also, Director Robert Bose sold 89,666 shares of the 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.