Crown Point Energy (CVE:CWV) Stock Crosses Below Two Hundred Day Moving Average of $0.06

Crown Point Energy Inc. (CVE:CWV)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.06 and traded as low as C$0.06. Crown Point Energy shares last traded at C$0.06, with a volume of 20,100 shares trading hands.

Crown Point Energy Trading Up 9.1 %

The company has a market cap of C$4.37 million, a PE ratio of -0.40 and a beta of 2.54. The stock’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.06. The company has a quick ratio of 0.42, a current ratio of 0.39 and a debt-to-equity ratio of 168.97.

Crown Point Energy (CVE:CWV) last released its quarterly earnings results on Tuesday, March 12th. The company reported C($0.10) earnings per share (EPS) for the quarter. Crown Point Energy had a negative net margin of 36.95% and a negative return on equity of 37.17%. The business had revenue of C$7.53 million for the quarter.

Crown Point Energy Company Profile

Crown Point Energy Inc explores for, develops, and produces petroleum and natural gas properties in Argentina. The company holds a 100% working interest in the Cerro de Los Leones concession located in the Neuquén Basin, Argentina. It also holds interests in the Las Violetas, La Angostura, and Rio Cullen exploitation concessions in Tierra del Fuego; and Chañares Herrados exploitation concession located in the Cuyano Basin.