CanAsia Energy (CVE:CEC) Hits New 1-Year Low – Should You Sell?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 30000 shares. The stock had previously closed at C$0.08.

CanAsia Energy Stock Performance

The company has a market capitalization of C$10.72 million, a price-to-earnings ratio of -3.00, a P/E/G ratio of 0.41 and a beta of 1.01. The firm’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.12.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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