Canacol Energy Ltd (OTCMKTS:CNNEF – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.56 and traded as high as $2.66. Canacol Energy shares last traded at $2.63, with a volume of 330 shares trading hands.
Canacol Energy Price Performance
The business’s 50-day moving average price is $2.57 and its 200-day moving average price is $2.74. The firm has a market capitalization of $89.73 million, a PE ratio of 3.93 and a beta of 0.93.
Canacol Energy Company Profile
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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