Crescent Point Energy (TSE:CPG) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Crescent Point Energy Corp. (TSE:CPGGet Free Report) (NYSE:CPG) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$11.18 and traded as high as C$11.81. Crescent Point Energy shares last traded at C$11.72, with a volume of 2,623,619 shares trading hands.

Crescent Point Energy Price Performance

The company has a debt-to-equity ratio of 58.46, a quick ratio of 0.49 and a current ratio of 1.03. The stock has a market cap of C$7.24 billion, a P/E ratio of 23.92, a price-to-earnings-growth ratio of -0.59 and a beta of 2.84. The firm has a 50-day moving average price of C$11.23 and a 200-day moving average price of C$11.18.

About Crescent Point Energy

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Crescent Point Energy Corp. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.

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