Questerre Energy (TSE:QEC) Shares Cross Above Two Hundred Day Moving Average of $0.23

Questerre Energy Co. (TSE:QECGet Rating)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.23 and traded as high as C$0.28. Questerre Energy shares last traded at C$0.28, with a volume of 8,075 shares trading hands.

Questerre Energy Price Performance

The firm has a 50-day moving average of C$0.24 and a 200-day moving average of C$0.23. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 1.95. The firm has a market capitalization of C$119.98 million and a P/E ratio of 28.00.

About Questerre Energy

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Questerre Energy Corporation 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 40,800 acres located in Kakwa, west central Alberta, including a 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,400 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South.

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