Canacol Energy (TSE:CNE) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Canacol Energy Ltd (TSE:CNEGet Free Report)’s share price crossed 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.

Canacol Energy Price Performance

The company has a market capitalization of C$87.75 million, a P/E ratio of 3.88 and a beta of 0.82. The company has a debt-to-equity ratio of 209.68, a current ratio of 1.50 and a quick ratio of 1.34. The company’s 50-day moving average price is C$3.78 and its two-hundred day moving average price is C$3.60.

Canacol Energy Company Profile

(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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