Pengrowth Energy (TSE:PGF) Shares Cross Above 200-Day Moving Average – Time to Sell?

Pengrowth Energy Corp (TSE:PGFGet Free Report) (NYSE:PGH)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.06. Pengrowth Energy shares last traded at C$0.06, with a volume of 434,751 shares traded.

Pengrowth Energy Stock Up 9.1 %

The company has a 50-day simple moving average of C$0.06. The company has a current ratio of 0.23, a quick ratio of 0.10 and a debt-to-equity ratio of 2,854.44. The firm has a market cap of C$33.61 million and a P/E ratio of -0.05.

About Pengrowth Energy

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Pengrowth Energy Corporation, a resource company, explores for, develops, and produces oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids. Its principal producing properties are the Lindbergh thermal property covering an area of 20,800 net acres located in Alberta; and Groundbirch property totaling an area of 12,536 net acres located to the south west of Fort St.

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