Pieridae Energy Limited (PEA.V) (CVE:PEA) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Pieridae Energy Limited (PEA.V) (CVE:PEA) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.30 and traded as high as C$0.31. Pieridae Energy Limited (PEA.V) shares last traded at C$0.30, with a volume of 395,956 shares trading hands.

Pieridae Energy Limited (PEA.V) Trading Down 10.4 %

The company has a market cap of C$47.29 million and a PE ratio of -0.41. The company has a current ratio of 1.25, a quick ratio of 0.65 and a debt-to-equity ratio of 199.86. The stock has a 50 day moving average price of C$0.30 and a 200 day moving average price of C$0.30.

About Pieridae Energy Limited (PEA.V)

Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. The company holds interests in 19,342 net acres in Ojay area, and 212,155 net acres in the Deep Basin Sierra and Ekwan areas, British Columbia; and 220,212 net acres in Northern Alberta Foothills, 180,938 net acres in Central Alberta Foothills, and 5,423 net acres in Southern Alberta Foothills, Alberta.