Coelacanth Energy Inc. (CVE:CEI – Get Free Report) Senior Officer Nolan Gregory Chicoine sold 38,535 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$0.85, for a total value of C$32,754.75.
Coelacanth Energy Stock Performance
Shares of Coelacanth Energy stock traded down C$0.05 during trading on Thursday, reaching C$0.84. The company’s stock had a trading volume of 294,330 shares, compared to its average volume of 135,356. The stock has a market capitalization of C$445.31 million, a P/E ratio of -89.00 and a beta of 0.98. Coelacanth Energy Inc. has a 1-year low of C$0.67 and a 1-year high of C$0.94. The company has a 50-day moving average price of C$0.76.
Analysts Set New Price Targets
Separately, Cormark raised Coelacanth Energy to a “moderate buy” rating in a research report on Monday, September 23rd.
Coelacanth Energy Company Profile
Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.
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