Canacol Energy (TSE:CNE) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Canacol Energy Ltd (TSE:CNEGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.56 and traded as low as C$2.18. Canacol Energy shares last traded at C$2.22, with a volume of 28,474 shares traded.

Canacol Energy Stock Performance

The company has a market cap of C$75.75 million, a P/E ratio of 2.47 and a beta of 1.27. The company has a 50 day moving average price of C$2.34 and a 200-day moving average price of C$2.56. The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 209.68.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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