Pan Orient Energy (CVE:POE) Stock Price Crosses Above 200-Day Moving Average of $1.06

Shares of Pan Orient Energy Corp. (CVE:POEGet Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.06 and traded as high as C$1.12. Pan Orient Energy shares last traded at C$1.11, with a volume of 117,800 shares changing hands.

The firm’s 50-day moving average is C$1.00 and its 200 day moving average is C$1.06. The stock has a market cap of C$55.27 million and a PE ratio of 5.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.53 and a current ratio of 3.54.

Pan Orient Energy (CVE:POEGet Rating) last announced its quarterly earnings data on Thursday, May 12th. The oil and natural gas company reported C$0.07 EPS for the quarter. On average, sell-side analysts predict that Pan Orient Energy Corp. will post 0.02 EPS for the current fiscal year.

About Pan Orient Energy (CVE:POE)

Pan Orient Energy Corp., a junior oil and natural gas company, engages in the exploration, development, and production of oil and gas properties in Thailand and Canada. It holds a 100% interest in the L53/48 concession located in west of Bangkok, Thailand; and a 50% interest in the Sawn Lake property comprising 88 contiguous sections of heavy oil sands leases situated in the central Alberta Peace River Oil Sands area, Canada.

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