Canacol Energy (TSE:CNE) Shares Down 13.3% – Time to Sell?

Canacol Energy Ltd (TSE:CNEGet Free Report) shares traded down 13.3% on Monday . The company traded as low as C$1.54 and last traded at C$1.57. 107,100 shares changed hands during mid-day trading, an increase of 188% from the average session volume of 37,125 shares. The stock had previously closed at C$1.81.

Canacol Energy Price Performance

The firm has a market capitalization of C$52.20 million, a PE ratio of 1.70 and a beta of 1.24. The stock’s 50 day simple moving average is C$2.41 and its two-hundred day simple moving average is C$2.42. The company has a debt-to-equity ratio of 209.68, a quick ratio of 1.34 and a current ratio of 1.50.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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