Bonterra Energy (TSE:BNE) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Bonterra Energy Corp. (TSE:BNE) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.65 and traded as high as C$4.36. Bonterra Energy shares last traded at C$4.18, with a volume of 13,450 shares.

Bonterra Energy Stock Down 0.9%

The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21. The company has a market capitalization of C$150.81 million, a price-to-earnings ratio of -10.45 and a beta of 0.61. The firm’s 50-day simple moving average is C$3.74 and its two-hundred day simple moving average is C$3.65.

Bonterra Energy (TSE:BNE) last announced its quarterly earnings results on Thursday, November 13th. The company reported C($0.10) EPS for the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.56%.The firm had revenue of C$50.06 million for the quarter. Sell-side analysts predict that Bonterra Energy Corp. will post 0.336726 EPS for the current fiscal year.

About Bonterra Energy

Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.