Sintana Energy (CVE:SEI) Stock Price Down 5.1% – Here’s What Happened

Shares of Sintana Energy Inc. (CVE:SEI) traded down 5.1% during mid-day trading on Thursday . The company traded as low as C$1.12 and last traded at C$1.12. 76,587 shares were traded during trading, a decline of 90% from the average session volume of 760,928 shares. The stock had previously closed at C$1.18.

Sintana Energy Price Performance

The company has a current ratio of 10.18, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99. The stock has a fifty day simple moving average of C$1.05 and a 200-day simple moving average of C$1.12. The stock has a market cap of C$424.49 million, a price-to-earnings ratio of -56.75 and a beta of 0.87.

Insiders Place Their Bets

In other news, Director Robert Bose purchased 444,444 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was purchased at an average price of C$0.45 per share, with a total value of C$199,999.80. Company insiders own 15.35% of the company’s stock.

Sintana Energy Company Profile

Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.