Frontera Energy (TSE:FEC) Hits New 52-Week High – Time to Buy?

Frontera Energy Co. (TSE:FEC)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$15.00 and last traded at C$14.87, with a volume of 23163 shares changing hands. The stock had previously closed at C$13.88.

Frontera Energy Trading Down 1.6%

The company has a debt-to-equity ratio of 82.19, a current ratio of 0.76 and a quick ratio of 0.72. The stock has a market capitalization of C$960.16 million, a price-to-earnings ratio of -0.96, a PEG ratio of 0.06 and a beta of -0.07. The business has a 50 day simple moving average of C$12.37 and a 200-day simple moving average of C$8.24.

Frontera Energy (TSE:FEC) last posted its earnings results on Wednesday, March 18th. The company reported C($12.31) earnings per share (EPS) for the quarter. Frontera Energy had a negative net margin of 104.96% and a negative return on equity of 88.55%. The business had revenue of C$653.07 million during the quarter. As a group, equities analysts expect 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.