Altura Energy (CVE:ATU) Shares Cross Below 50 Day Moving Average of $0.38

Altura Energy Inc. (CVE:ATU)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.38 and traded as low as C$0.36. Altura Energy shares last traded at C$0.38, with a volume of 507,620 shares changing hands.

Altura Energy Price Performance

The business has a 50-day moving average price of C$0.38 and a 200 day moving average price of C$0.38. The company has a market cap of C$103.67 million and a price-to-earnings ratio of 4.52. The company has a current ratio of 0.37, a quick ratio of 0.33 and a debt-to-equity ratio of 14.63.

About Altura Energy

Altura Energy Inc operates as a junior oil and gas exploration, development, and production company in central Alberta. As of December 31, 2020, the company held a 89% working interest in 44,353 acres of land at Leduc-Woodbend Rex Pool property; and a 54.1% working interest in 1,920 acres of land in the Leduc-Woodbend Glauconitic D Unit No.1 property.