Questerre Energy (TSE:QEC) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Questerre Energy Co. (TSE:QEC)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.25 and traded as high as C$0.27. Questerre Energy shares last traded at C$0.26, with a volume of 4,010 shares.

Questerre Energy Price Performance

The company has a market capitalization of C$107.13 million, a P/E ratio of -3.57 and a beta of 1.21. The business’s 50-day simple moving average is C$0.26 and its 200 day simple moving average is C$0.25. The company has a current ratio of 2.89, a quick ratio of 2.62 and a debt-to-equity ratio of 0.14.

Questerre Energy Company Profile

Questerre Energy Corporation, an energy technology and innovation company, acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,040 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.