Canacol Energy (TSE:CNE) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Canacol Energy Ltd (TSE:CNEGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.60 and traded as high as C$3.85. Canacol Energy shares last traded at C$3.84, with a volume of 8,180 shares trading hands.

Canacol Energy Price Performance

The company has a market capitalization of C$93.34 million, a PE ratio of 4.13 and a beta of 0.82. The company has a current ratio of 1.50, a quick ratio of 1.34 and a debt-to-equity ratio of 209.68. The company’s 50 day moving average price is C$3.78 and its 200-day moving average price is C$3.60.

About Canacol Energy

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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