Canacol Energy Ltd (TSE:CNE – Get Free Report) shot up 33.5% during trading on Friday . The company traded as high as C$2.33 and last traded at C$2.19. 494,143 shares were traded during mid-day trading, an increase of 1,462% from the average session volume of 31,645 shares. The stock had previously closed at C$1.64.
Canacol Energy Price Performance
The business has a 50-day simple moving average of C$2.16 and a 200 day simple moving average of C$2.89. The stock has a market cap of C$53.23 million, a P/E ratio of 2.35 and a beta of 0.82. The company has a current ratio of 1.50, a quick ratio of 1.34 and a debt-to-equity ratio of 209.68.
Canacol Energy Company Profile
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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