Questerre Energy (TSE:QEC) Stock Price Up 1.7% – Here’s What Happened

Questerre Energy Co. (TSE:QEC) shares shot up 1.7% on Wednesday . The company traded as high as C$0.30 and last traded at C$0.30. 54,350 shares changed hands during trading, a decline of 12% from the average session volume of 62,114 shares. The stock had previously closed at C$0.29.

Questerre Energy Price Performance

The company has a debt-to-equity ratio of 80.61, a quick ratio of 2.62 and a current ratio of 0.53. The company has a market cap of C$123.20 million, a P/E ratio of -9.58 and a beta of -0.48. The firm’s fifty day moving average is C$0.28 and its two-hundred day moving average is C$0.31.

Questerre Energy Company Profile

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.