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

Canacol Energy Ltd (TSE:CNEGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.63 and traded as high as C$3.91. Canacol Energy shares last traded at C$3.90, with a volume of 7,849 shares trading hands.

Canacol Energy Trading Down 1.3 %

The firm has a market capitalization of C$93.59 million, a P/E ratio of 4.14 and a beta of 0.82. The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 209.68. The firm has a 50 day moving average of C$3.75 and a 200-day moving average of C$3.63.

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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