Canacol Energy Ltd (TSE:CNE – Get Free Report)’s stock price fell 1.7% on Wednesday . The company traded as low as C$3.96 and last traded at C$3.99. 14,347 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 43,598 shares. The stock had previously closed at C$4.06.
Canacol Energy Price Performance
The stock has a 50 day moving average of C$3.43 and a two-hundred day moving average of C$3.87. The company has a debt-to-equity ratio of 203.67, a quick ratio of 1.34 and a current ratio of 0.97. The stock has a market cap of C$128.94 million, a PE ratio of 8.04 and a beta of 0.82.
About Canacol Energy
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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