CanAsia Energy (CVE:CEC) Shares Pass Below 200-Day Moving Average – Should You Sell?

CanAsia Energy Corp. (CVE:CECGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.09 and traded as low as C$0.08. CanAsia Energy shares last traded at C$0.09, with a volume of 92,517 shares traded.

CanAsia Energy Trading Up 13.3%

The firm’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.09. The company has a market cap of C$9.59 million, a price-to-earnings ratio of -2.83, a price-to-earnings-growth ratio of 0.41 and a beta of 0.30.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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