Pine Cliff Energy (TSE:PNE) Sets New 12-Month Low – Should You Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.55 and last traded at C$0.55, with a volume of 42008 shares traded. The stock had previously closed at C$0.56.

Pine Cliff Energy Stock Performance

The stock has a 50-day moving average of C$0.59 and a 200-day moving average of C$0.65. The firm has a market cap of C$197.34 million, a price-to-earnings ratio of -27.50 and a beta of 0.02. The company has a debt-to-equity ratio of 129.72, a quick ratio of 1.48 and a current ratio of 0.56.

Pine Cliff Energy Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 31st will be paid a dividend of $0.0013 per share. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, July 15th. Pine Cliff Energy’s dividend payout ratio (DPR) is currently -75.00%.

About Pine Cliff Energy

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

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