Questerre Energy (TSE:QEC) Share Price Passes Above 200 Day Moving Average of $0.30

Questerre Energy Corp (TSE:QEC)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.30 and traded as high as $0.21. Questerre Energy shares last traded at $0.21, with a volume of 971 shares traded.

The business has a 50-day moving average price of C$0.22 and a 200-day moving average price of C$0.30. The company has a market capitalization of $85.58 million and a price-to-earnings ratio of 12.78. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 7.46.

Questerre Energy (TSE:QEC) last announced its earnings results on Friday, August 9th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$8.02 million during the quarter. As a group, sell-side analysts predict that Questerre Energy Corp will post -0.0204444 EPS for the current year.

Questerre Energy Company Profile (TSE:QEC)

Questerre Energy Corporation, an independent energy company, acquires, explores for, and develops non-conventional oil and gas projects in North America. The company produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 11,880 net acres, including a 100% working interest and operatorship of 8,320 net acres in the Kakwa-Resthaven area situated in west central Alberta.

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