Frontera Energy (TSE:FEC) Reaches New 52-Week High – Here’s What Happened

Frontera Energy Co. (TSE:FEC)’s stock price reached a new 52-week high on Friday . The stock traded as high as C$12.68 and last traded at C$12.47, with a volume of 93562 shares. The stock had previously closed at C$12.21.

Frontera Energy Trading Up 7.2%

The business’s fifty day moving average is C$8.65 and its 200-day moving average is C$6.78. The company has a debt-to-equity ratio of 42.80, a quick ratio of 0.72 and a current ratio of 0.78. The firm has a market cap of C$910.21 million, a P/E ratio of -2.30, a price-to-earnings-growth ratio of 0.06 and a beta of 0.39.

Frontera Energy Company Profile

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.