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

Sintana Energy logo with Energy background

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

The firm has a market capitalization of C$261.30 million, a price-to-earnings ratio of -26.00 and a beta of 0.87. The company's 50 day moving average is C$0.53 and its 200-day moving average is C$0.75.

Insider Activity at Sintana Energy

In other Sintana Energy news, Director Robert Bose sold 89,666 shares of the stock in a transaction dated Monday, April 28th. The shares were sold at an average price of C$0.49, for a total value of C$44,038.74. Also, 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. In the last ninety days, insiders sold 589,666 shares of company stock worth $351,789. Insiders own 15.35% of the company's stock.

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.

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