Canacol Energy (TSE:CNE) Hits New 52-Week Low – What’s Next?

Canacol Energy Ltd (TSE:CNEGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$1.33 and last traded at C$1.53, with a volume of 396788 shares. The stock had previously closed at C$1.81.

Canacol Energy Stock Down 15.5%

The firm’s fifty day moving average is C$2.38 and its 200-day moving average is C$2.41. The stock has a market capitalization of C$52.20 million, a PE ratio of 1.70 and a beta of 1.24. The company has a quick ratio of 1.34, a current ratio of 1.50 and a debt-to-equity ratio of 209.68.

About Canacol Energy

(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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