Shares of Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report) rose 8.1% during mid-day trading on Tuesday . The stock traded as high as C$1.09 and last traded at C$1.07. Approximately 316,278 shares were traded during trading, a decline of 20% from the average daily volume of 395,471 shares. The stock had previously closed at C$0.99.
Eco Atlantic Oil & Gas Stock Performance
The company’s 50 day moving average price is C$0.83 and its 200-day moving average price is C$0.47. The company has a market cap of C$363.13 million, a PE ratio of -350.00 and a beta of 0.01.
About Eco Atlantic Oil & Gas
Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.
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