Questerre Energy (TSE:QEC) Shares Pass Above 200 Day Moving Average – Should You Sell?

Questerre Energy Co. (TSE:QEC) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.31 and traded as high as C$0.32. Questerre Energy shares last traded at C$0.30, with a volume of 33,813 shares changing hands.

Questerre Energy Stock Down 4.8%

The company has a current ratio of 3.02, a quick ratio of 2.62 and a debt-to-equity ratio of 0.12. The company has a 50-day simple moving average of C$0.32 and a 200 day simple moving average of C$0.31. The company has a market cap of C$128.55 million, a P/E ratio of -10.00 and a beta of -0.12.

Questerre Energy (TSE:QEC) last released its earnings results on Thursday, November 13th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$10.73 million for the quarter. Questerre Energy had a negative return on equity of 17.38% and a negative net margin of 73.31%. On average, equities analysts anticipate that Questerre Energy Co. will post 0.06 EPS for the current year.

About Questerre Energy

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others.