Sintana Energy (CVE:SEI) Shares Down 6.6% – Time to Sell?

Sintana Energy Inc. (CVE:SEIGet Free Report)’s stock price traded down 6.6% on Friday . The company traded as low as C$0.49 and last traded at C$0.50. 412,257 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 559,471 shares. The stock had previously closed at C$0.53.

Sintana Energy Stock Down 1.9%

The business’s 50-day simple moving average is C$0.45 and its 200 day simple moving average is C$0.53. The firm has a market capitalization of C$266.95 million, a P/E ratio of -13.00 and a beta of -1.87.

About Sintana Energy

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Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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