CanAsia Energy (CVE:CEC) Trading Up 20% – Here’s What Happened

CanAsia Energy Corp. (CVE:CECGet Free Report) traded up 20% on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. 157,406 shares were traded during mid-day trading, an increase of 348% from the average session volume of 35,134 shares. The stock had previously closed at C$0.08.

CanAsia Energy Stock Down 16.7 %

The firm has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.10. The stock has a market capitalization of C$8.46 million, a price-to-earnings ratio of 9.76, a PEG ratio of 0.41 and a beta of 1.01.

About CanAsia Energy

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

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