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

Sintana Energy logo with Energy background

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s share price rose 25.5% during trading on Saturday . The stock traded as high as C$0.73 and last traded at C$0.64. Approximately 1,812,352 shares were traded 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 Price Performance

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. The company has a market capitalization of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87.

Insider Activity

In other news, Senior Officer David Lewis Cherry sold 100,000 shares of Sintana Energy stock in a transaction that occurred 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 company's stock in a transaction on 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 currently owned by insiders.

About Sintana Energy

(Get Free Report)

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.

See Also

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