Questerre Energy (TSE:QEC) Stock Price Crosses Above 200-Day Moving Average of $0.22

Questerre Energy Co. (TSE:QEC) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.22 and traded as high as C$0.24. Questerre Energy shares last traded at C$0.24, with a volume of 10,000 shares changing hands.

Questerre Energy Stock Up 9.1 %

The stock has a market cap of C$102.84 million, a P/E ratio of -4.00 and a beta of 1.26. The stock’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.08 and a quick ratio of 2.62.

Questerre Energy (TSE:QEC) last issued its quarterly earnings data on Thursday, March 21st. The company reported C($0.06) EPS for the quarter. The company had revenue of C$9.74 million for the quarter. Questerre Energy had a negative return on equity of 15.31% and a negative net margin of 66.40%. On average, research analysts anticipate that Questerre Energy Co. will post 0.06 earnings per share for the current year.

Questerre Energy Company Profile

Questerre Energy Corporation, an energy technology and innovation company, acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.