Questerre Energy (TSE:QEC) Shares Pass Above 200-Day Moving Average of $0.23

Questerre Energy Co. (TSE:QECGet Rating) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.23 and traded as high as C$0.25. Questerre Energy shares last traded at C$0.25, with a volume of 5,878 shares trading hands.

Questerre Energy Stock Performance

The company has a market cap of C$107.13 million and a price-to-earnings ratio of 25.00. The stock’s fifty day simple moving average is C$0.24 and its two-hundred day simple moving average is 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.

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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