Sintana Energy (CVE:SEI) Trading 8.7% Higher – Still a Buy?

Sintana Energy Inc. (CVE:SEIGet Free Report) traded up 8.7% on Wednesday . The company traded as high as C$1.13 and last traded at C$1.13. 187,410 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 768,823 shares. The stock had previously closed at C$1.04.

Sintana Energy Price Performance

The company has a quick ratio of 0.76, a current ratio of 10.18 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of C$433.84 million, a price-to-earnings ratio of -52.00 and a beta of 0.87. The company’s 50-day simple moving average is C$1.04 and its 200 day simple moving average is C$1.14.

Insider Activity at Sintana Energy

In other news, Director Robert Bose acquired 444,444 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was bought at an average price of C$0.45 per share, with a total value of C$199,999.80. 15.35% of the stock is owned by corporate insiders.

Sintana Energy Company Profile

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Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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