Crescent Point Energy (TSE:CPG) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Shares of Crescent Point Energy Corp. (TSE:CPGGet Free Report) (NYSE:CPG) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.97 and traded as high as C$11.81. Crescent Point Energy shares last traded at C$11.72, with a volume of 2,623,619 shares.

Crescent Point Energy Price Performance

The company has a debt-to-equity ratio of 58.46, a current ratio of 1.03 and a quick ratio of 0.49. The company’s 50-day moving average is C$11.02 and its 200-day moving average is C$10.99. The firm has a market capitalization of C$7.24 billion, a price-to-earnings ratio of 23.92, a PEG ratio of -0.59 and a beta of 2.84.

Crescent Point Energy Company Profile

(Get Free Report)

Crescent Point Energy Corp. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.

Further Reading

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