Cequence Energy Ltd. (CQE.TO) (TSE:CQE) Trading 3.4% Higher – Here’s Why

Cequence Energy Ltd. (CQE.TO) (TSE:CQEGet Free Report)’s share price was up 3.4% on Monday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 2,022 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 47,949 shares. The stock had previously closed at C$0.15.

Cequence Energy Ltd. (CQE.TO) Stock Up 3.4 %

The company has a current ratio of 0.60, a quick ratio of 0.54 and a debt-to-equity ratio of 113.28. The stock has a market cap of C$6.27 million and a price-to-earnings ratio of -0.05. The firm has a 50-day moving average price of C$0.15.

About Cequence Energy Ltd. (CQE.TO)

(Get Free Report)

Cequence Energy Ltd is a Canada based company engaged in the acquisition, exploration, and production of petroleum and natural gas reserves in Western Canada. The company generates its revenue from the sale of Natural gas, Crude oil and condensate, Natural gas liquids and Royalties, of which key revenue is derived from the sales of Natural gas and Crude oil and condensate.

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