Questerre Energy (TSE:QEC) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Questerre Energy Co. (TSE:QEC) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.24 and traded as high as C$0.28. Questerre Energy shares last traded at C$0.26, with a volume of 19,561 shares changing hands.

Questerre Energy Trading Down 7.1 %

The company has a 50 day simple moving average of C$0.25 and a 200 day simple moving average of C$0.24. The company has a current ratio of 2.89, a quick ratio of 2.62 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of C$111.42 million, a PE ratio of -3.71 and a beta of 1.17.

Questerre Energy Company Profile

Questerre Energy Corporation, an energy technology and innovation company, acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.