Frontera Energy (TSE:FEC) Reaches New 1-Year High – Should You Buy?

Frontera Energy Co. (TSE:FEC) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$10.38 and last traded at C$10.11, with a volume of 131896 shares changing hands. The stock had previously closed at C$10.08.

Frontera Energy Price Performance

The stock has a market cap of C$712.04 million, a price-to-earnings ratio of -1.80, a P/E/G ratio of 0.06 and a beta of 0.56. The company has a current ratio of 0.92, a quick ratio of 0.72 and a debt-to-equity ratio of 29.63. The company’s fifty day moving average is C$6.69 and its two-hundred day moving average is C$6.10.

Frontera Energy (TSE:FEC) last released its quarterly earnings results on Friday, November 14th. The company reported C$0.38 EPS for the quarter. The business had revenue of C$358.20 million during the quarter. Frontera Energy had a return on equity of 5.40% and a net margin of 8.57%. As a group, research analysts predict that Frontera Energy Co. will post 1.648374 earnings per share for the current year.

About Frontera Energy

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.