Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.22 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares traded.
Contango Oil & Gas Stock Performance
The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25. The stock’s 50 day moving average price is $3.22 and its two-hundred day moving average price is $3.22. The firm has a market capitalization of $648.31 million, a price-to-earnings ratio of -7.67 and a beta of 2.02.
About Contango Oil & Gas
Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.
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