Frontera Energy (TSE:FEC) Stock Price Down 1.6% – Here’s What Happened

Frontera Energy Co. (TSE:FEC)’s share price was down 1.6% during trading on Monday . The stock traded as low as C$6.32 and last traded at C$6.32. Approximately 77,800 shares changed hands during trading, an increase of 87% from the average daily volume of 41,707 shares. The stock had previously closed at C$6.42.

Frontera Energy Trading Down 1.6%

The stock has a 50-day moving average price of C$5.48 and a 200-day moving average price of C$5.92. The stock has a market cap of C$440.36 million, a P/E ratio of -1.11, a P/E/G ratio of 0.06 and a beta of -0.32. The company has a debt-to-equity ratio of 29.63, a quick ratio of 0.72 and a current ratio of 0.92.

Frontera Energy (TSE:FEC) last released its quarterly earnings results on Friday, November 14th. The company reported C$0.38 earnings per share for the quarter. The business had revenue of C$358.20 million for the quarter. Frontera Energy had a return on equity of 5.40% and a net margin of 8.57%. On average, equities research analysts expect that Frontera Energy Co. will post 1.648374 EPS for the current year.

Frontera Energy Company Profile

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.