Canacol Energy Ltd (OTCMKTS:CNNEF – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.50 and traded as low as $1.97. Canacol Energy shares last traded at $2.04, with a volume of 46,201 shares traded.
Canacol Energy Trading Down 1.9%
The stock has a market capitalization of $69.56 million, a P/E ratio of -14.57 and a beta of 1.04. The company has a 50-day moving average price of $2.35 and a 200 day moving average price of $2.50.
Canacol Energy (OTCMKTS:CNNEF – Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.60 by $0.33. The company had revenue of $72.74 million during the quarter, compared to the consensus estimate of $83.58 million.
About Canacol Energy
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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