Questerre Energy (TSE:QEC) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Questerre Energy Co. (TSE:QEC)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.30 and traded as low as C$0.28. Questerre Energy shares last traded at C$0.28, with a volume of 15,024 shares traded.

Questerre Energy Stock Performance

The business’s 50-day moving average price is C$0.27 and its 200-day moving average price is C$0.30. The company has a current ratio of 0.50, a quick ratio of 2.62 and a debt-to-equity ratio of 133.35. The stock has a market cap of C$119.98 million, a PE ratio of -1.56 and a beta of -0.68.

Questerre Energy (TSE:QEC) last issued its quarterly earnings data on Wednesday, April 1st. The company reported C($0.17) earnings per share (EPS) for the quarter. Questerre Energy had a negative return on equity of 64.56% and a negative net margin of 102.33%.The firm had revenue of C$39.97 million during the quarter. As a group, equities research analysts expect that Questerre Energy Co. will post 0.06 earnings per share for the current fiscal year.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.