Pine Cliff Energy (TSE:PNE) Hits New 52-Week Low – Should You Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$0.55 and last traded at C$0.55, with a volume of 204853 shares. The stock had previously closed at C$0.57.

Pine Cliff Energy Stock Up 3.6%

The stock’s fifty day moving average price is C$0.60 and its 200-day moving average price is C$0.67. The company has a quick ratio of 1.48, a current ratio of 0.56 and a debt-to-equity ratio of 129.72. The company has a market capitalization of C$204.51 million, a price-to-earnings ratio of -28.50 and a beta of 0.02.

Pine Cliff Energy Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 31st will be paid a $0.0013 dividend. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, July 15th. Pine Cliff Energy’s payout ratio is presently -75.00%.

About Pine Cliff Energy

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

Read More

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