Pieridae Energy Limited (PEA.V) (CVE:PEA) Trading Down 10.4% – Should You Sell?

Pieridae Energy Limited (PEA.V) (CVE:PEA) was down 10.4% during trading on Wednesday . The company traded as low as C$0.30 and last traded at C$0.30. Approximately 395,956 shares traded hands during trading, an increase of 344% from the average daily volume of 89,233 shares. The stock had previously closed at C$0.34.

Pieridae Energy Limited (PEA.V) Stock Performance

The company has a debt-to-equity ratio of 199.86, a quick ratio of 0.65 and a current ratio of 1.25. The firm’s fifty day moving average price is C$0.30 and its 200 day moving average price is C$0.30. The firm has a market cap of C$47.29 million and a P/E ratio of -0.41.

Pieridae Energy Limited (PEA.V) Company Profile

Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. The company holds interests in 19,342 net acres in Ojay area, and 212,155 net acres in the Deep Basin Sierra and Ekwan areas, British Columbia; and 220,212 net acres in Northern Alberta Foothills, 180,938 net acres in Central Alberta Foothills, and 5,423 net acres in Southern Alberta Foothills, Alberta.