WesCan Energy (CVE:WCE) Stock Price Down 14.8% – Time to Sell?

Shares of WesCan Energy Corp. (CVE:WCE) fell 14.8% during mid-day trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12. 46,500 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 101,469 shares. The stock had previously closed at C$0.14.

WesCan Energy Stock Down 18.5%

The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 156.82. The company has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.07. The stock has a market capitalization of C$4.91 million, a P/E ratio of -5.50 and a beta of -1.38.

About WesCan Energy

WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in Alberta. The company was formerly known as Great Pacific International Inc and changed its name to WesCan Energy Corp. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.