Questerre Energy (TSE:QEC) Insider Sells C$183,165.74 in Stock

Questerre Energy Co. (TSE:QEC) insider Richard Tityk sold 631,606 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of C$0.29, for a total value of C$183,165.74. Following the transaction, the insider owned 174,394 shares in the company, valued at C$50,574.26. This represents a 78.36% decrease in their ownership of the stock.

Questerre Energy Price Performance

Shares of QEC stock opened at C$0.27 on Thursday. The stock has a 50 day moving average of C$0.30 and a two-hundred day moving average of C$0.29. The company has a current ratio of 0.51, a quick ratio of 2.62 and a debt-to-equity ratio of 191.23. Questerre Energy Co. has a 12 month low of C$0.21 and a 12 month high of C$0.45. The company has a market capitalization of C$122.10 million, a P/E ratio of -1.23 and a beta of -0.65.

Questerre Energy (TSE:QEC) last released its quarterly earnings data on Friday, May 15th. The company reported C($0.04) earnings per share (EPS) for the quarter. Questerre Energy had a negative net margin of 88.15% and a negative return on equity of 93.98%. As a group, equities analysts expect that Questerre Energy Co. will post 0.06 EPS for the current year.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.