Questerre Energy (TSE:QEC) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Questerre Energy Co. (TSE:QECGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.25 and traded as high as C$0.28. Questerre Energy shares last traded at C$0.26, with a volume of 32,000 shares trading hands.

Questerre Energy Price Performance

The stock has a market cap of C$104.99 million, a price-to-earnings ratio of -3.50 and a beta of 1.21. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.62 and a current ratio of 2.89. The company has a 50-day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.25.

About Questerre Energy

(Get Free Report)

Questerre Energy Corporation, an energy technology and innovation company, acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.

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