CGX Energy Inc. (CVE:OYL – Get Free Report) shares passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$0.21 and traded as low as C$0.18. CGX Energy shares last traded at C$0.19, with a volume of 34,000 shares changing hands.
CGX Energy Price Performance
The firm has a 50-day moving average of C$0.21 and a two-hundred day moving average of C$0.22. The company has a market capitalization of C$67.71 million, a PE ratio of -3.33 and a beta of 2.01.
CGX Energy Company Profile
CGX Energy Inc, an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and related petroleum agreements on Corentyne block in the Guyana Basin, offshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana. CGX Energy Inc was incorporated in 1998 and is headquartered in Toronto, Canada.
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