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

Questerre Energy Co. (TSE:QEC – Get Rating)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.23 and traded as high as C$0.23. Questerre Energy shares last traded at C$0.21, with a volume of 31,550 shares changing hands.

Questerre Energy Price Performance

The company has a quick ratio of 2.62, a current ratio of 3.14 and a debt-to-equity ratio of 0.17. The company has a market cap of C$87.85 million, a price-to-earnings ratio of 10.25 and a beta of 1.57. The company has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.23.

Questerre Energy Company Profile

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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.