Canacol Energy (TSE:CNE) Shares Pass Above 200-Day Moving Average – What’s Next?

Canacol Energy Ltd (TSE:CNEGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.59 and traded as high as C$4.01. Canacol Energy shares last traded at C$4.01, with a volume of 41,529 shares changing hands.

Canacol Energy Trading Up 3.9 %

The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 209.68. The firm has a market capitalization of C$102.82 million, a PE ratio of 4.55 and a beta of 0.82. The stock’s fifty day simple moving average is C$3.77 and its 200 day simple moving average is C$3.59.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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