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 200-day moving average during trading on Tuesday . The stock has a 200-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.

Crown Point Energy Price Performance

The stock has a market cap of C$4.37 million, a PE ratio of -0.40 and a beta of 2.54. The company has a debt-to-equity ratio of 168.97, a quick ratio of 0.42 and a current ratio of 0.39. The business has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06.

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

About Crown Point Energy

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.