Bonterra Energy (TSE:BNE) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Bonterra Energy Corp. (TSE:BNEGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.47 and traded as high as C$3.48. Bonterra Energy shares last traded at C$3.48, with a volume of 64,224 shares changing hands.

Bonterra Energy Stock Performance

The company’s fifty day simple moving average is C$3.52 and its 200 day simple moving average is C$3.47. The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00. The stock has a market capitalization of C$126.79 million, a P/E ratio of -18.32 and a beta of 0.73.

About Bonterra Energy

(Get Free Report)

Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.

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