Painted Pony Energy (OTCMKTS:PDPYF) Stock Price Up 0.5% – Here’s Why

Painted Pony Energy Ltd. (OTCMKTS:PDPYF)’s share price rose 0.5% during mid-day trading on Tuesday. The company traded as high as $0.5176 and last traded at $0.5176. 35,200 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 68,935 shares. The stock had previously closed at $0.5150.

Painted Pony Energy Stock Up 0.5%

The company has a market capitalization of $83.33 million, a P/E ratio of -0.21 and a beta of 3.98. The firm’s 50 day moving average price is $0.52 and its two-hundred day moving average price is $0.52. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.45.

Painted Pony Energy Company Profile

Painted Pony Energy Ltd. was a Canadian oil and natural gas exploration and production company focused on developing unconventional resources in Western Canada. Its operations were concentrated in the Montney formation in northeastern British Columbia, where the company pursued the development of natural gas, natural gas liquids and associated petroleum reserves.

The company’s activities included acquiring mineral rights, drilling horizontal wells, producing hydrocarbons and developing related gathering and processing infrastructure.