Questerre Energy (TSE:QEC) Shares Pass Above 200-Day Moving Average – Time to Sell?

Questerre Energy Co. (TSE:QEC) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.25 and traded as high as C$0.28. Questerre Energy shares last traded at C$0.26, with a volume of 32,000 shares changing hands.

Questerre Energy Trading Up 4.0 %

The company has a debt-to-equity ratio of 0.14, a current ratio of 2.89 and a quick ratio of 2.62. The business’s 50-day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.25. The stock has a market capitalization of C$111.42 million, a price-to-earnings ratio of -3.71 and a beta of 1.21.

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.