CanAsia Energy (CVE:CEC) Shares Down 16.7% – Should You Sell?

Shares of CanAsia Energy Corp. (CVE:CECGet Free Report) were down 16.7% during trading on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 136,500 shares were traded during mid-day trading, an increase of 251% from the average daily volume of 38,888 shares. The stock had previously closed at C$0.09.

CanAsia Energy Stock Down 16.7 %

The stock’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.10. The stock has a market cap of C$8.46 million, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 0.41 and a beta of 1.01.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

Further Reading

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