Petroteq Energy (OTCMKTS:PQEFF) Shares Up 7.4%

Shares of Petroteq Energy Inc. (OTCMKTS:PQEFF) shot up 7.4% on Thursday . The stock traded as high as $0.18 and last traded at $0.18. 7,722,684 shares were traded during trading, an increase of 170% from the average session volume of 2,860,311 shares. The stock had previously closed at $0.17.

The company has a market capitalization of $107.69 million, a price-to-earnings ratio of -6.05 and a beta of 2.47. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.17 and a current ratio of 0.18. The company’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.13.

About Petroteq Energy (OTCMKTS:PQEFF)

Petroteq Energy, Inc engages in the development and implementation of oil processing and extraction technologies. It operates through the following segments: Oil Extraction and Processing and Mining Operations. The Oil Extraction and Processing Operations segment engages in commercial production and sale of hydrocarbon products.

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