Pengrowth Energy (TSE:PGF) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Pengrowth Energy Corp (TSE:PGFGet Free Report) (NYSE:PGH) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$0.06. Pengrowth Energy shares last traded at C$0.06, with a volume of 434,751 shares.

Pengrowth Energy Stock Performance

The stock has a market cap of C$33.61 million and a price-to-earnings ratio of -0.05. The company has a debt-to-equity ratio of 2,854.44, a current ratio of 0.23 and a quick ratio of 0.10. The business’s 50 day moving average price is C$0.06.

About Pengrowth Energy

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Pengrowth Energy Corporation, a resource company, explores for, develops, and produces oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids. Its principal producing properties are the Lindbergh thermal property covering an area of 20,800 net acres located in Alberta; and Groundbirch property totaling an area of 12,536 net acres located to the south west of Fort St.

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