Questerre Energy (TSE:QEC) Shares Up 19.2% – Here’s Why

Questerre Energy Co. (TSE:QECGet Free Report)’s share price shot up 19.2% on Friday . The stock traded as high as C$0.31 and last traded at C$0.31. 108,180 shares were traded during mid-day trading, an increase of 69% from the average session volume of 64,012 shares. The stock had previously closed at C$0.26.

Questerre Energy Trading Up 9.6%

The business has a fifty day simple moving average of C$0.28 and a 200 day simple moving average of C$0.31. The company has a market cap of C$122.13 million, a P/E ratio of -9.50 and a beta of -0.48. The company has a debt-to-equity ratio of 80.61, a quick ratio of 2.62 and a current ratio of 0.53.

About Questerre Energy

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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.

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