Questerre Energy (TSE:QEC) Shares Break Above Two Hundred Day Moving Average – What’s Next?

Questerre Energy Co. (TSE:QEC) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$0.28 and traded as high as C$0.28. Questerre Energy shares last traded at C$0.28, with a volume of 13,087 shares changing hands.

Questerre Energy Stock Performance

The company has a quick ratio of 2.62, a current ratio of 0.82 and a debt-to-equity ratio of 124.60. The stock has a fifty day moving average of C$0.28 and a 200-day moving average of C$0.28. The stock has a market cap of C$129.04 million, a PE ratio of -1.78 and a beta of -0.89.

Questerre Energy (TSE:QEC) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C$0.06 earnings per share for the quarter. The company had revenue of C$47.94 million for the quarter. Questerre Energy had a negative return on equity of 74.92% and a negative net margin of 47.54%. On average, equities analysts forecast that Questerre Energy Co. will post 0.06 EPS for the current year.

About Questerre Energy

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.