Sintana Energy (CVE:SEI) Trading Up 25.5% – What’s Next?

Sintana Energy Inc. (CVE:SEI) shares traded up 25.5% during trading on Friday . The stock traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares traded hands during trading, an increase of 252% from the average session volume of 514,629 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Performance

The firm has a fifty day moving average price of C$0.53 and a 200 day moving average price of C$0.75. The stock has a market cap of C$238.90 million, a PE ratio of -23.78 and a beta of 0.87.

Insider Activity at Sintana Energy

In related news, Director Robert Bose sold 89,666 shares of the company’s stock in a transaction on Monday, April 28th. The stock was sold at an average price of C$0.49, for a total value of C$44,038.74. Also, Senior Officer David Lewis Cherry sold 100,000 shares of the company’s stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of C$0.46, for a total value of C$46,000.00. 15.35% of the stock is owned by insiders.

About Sintana Energy

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.