CanAsia Energy (CVE:CEC) Stock Price Down 13.3% – Should You Sell?

Shares of CanAsia Energy Corp. (CVE:CECGet Free Report) traded down 13.3% on Saturday . The company traded as low as C$0.07 and last traded at C$0.07. 639,900 shares traded hands during mid-day trading, an increase of 1,108% from the average session volume of 52,969 shares. The stock had previously closed at C$0.08.

CanAsia Energy Stock Down 13.3%

The firm’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09. The company has a market cap of C$7.33 million, a price-to-earnings ratio of -3.25, a price-to-earnings-growth ratio of 0.41 and a beta of 1.03.

About CanAsia Energy

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

Further Reading

Receive News & Ratings for CanAsia Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CanAsia Energy and related companies with MarketBeat.com's FREE daily email newsletter.