Enerplus (TSE:ERF) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Enerplus Co. (TSE:ERFGet Free Report) (NYSE:ERF) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$28.23. Enerplus shares last traded at C$26.78, with a volume of 527,220 shares.

Enerplus Trading Down 3.4 %

The company has a debt-to-equity ratio of 15.94, a current ratio of 0.70 and a quick ratio of 0.61. The company has a 50 day moving average of C$26.91. The firm has a market cap of C$5.47 billion, a P/E ratio of 10.98, a P/E/G ratio of 0.25 and a beta of 2.64.

About Enerplus

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Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.

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