Bonterra Energy (TSE:BNE) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Bonterra Energy Corp. (TSE:BNE) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.86 and traded as high as C$5.00. Bonterra Energy shares last traded at C$4.93, with a volume of 30,346 shares traded.

Bonterra Energy Trading Down 0.8%

The firm has a market capitalization of C$177.96 million, a PE ratio of -12.33 and a beta of 0.47. The firm has a 50 day simple moving average of C$4.39 and a 200 day simple moving average of C$3.86. The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00.

Bonterra Energy (TSE:BNE) last posted its quarterly earnings results on Thursday, November 13th. The company reported C($0.10) earnings per share for the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.56%.The business had revenue of C$50.06 million during the quarter. Equities analysts expect that Bonterra Energy Corp. will post 0.336726 earnings per share 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.