Perpetual Energy (TSE:PMT) Stock Price Crosses Above 200-Day Moving Average of $0.27

Perpetual Energy Inc. (TSE:PMT)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.27 and traded as high as $0.21. Perpetual Energy shares last traded at $0.20, with a volume of 12,000 shares trading hands.

Separately, GMP Securities dropped their target price on Perpetual Energy from C$0.40 to C$0.30 in a research report on Friday, June 28th.

The company has a debt-to-equity ratio of 130.15, a current ratio of 0.99 and a quick ratio of 0.16. The stock has a market capitalization of $11.46 million and a P/E ratio of -0.22. The firm has a 50-day simple moving average of C$0.23 and a 200 day simple moving average of C$0.27.

Perpetual Energy (TSE:PMT) last posted its earnings results on Wednesday, July 31st. The company reported C($0.22) EPS for the quarter. The business had revenue of C$19.24 million during the quarter.

Perpetual Energy Company Profile (TSE:PMT)

Perpetual Energy Inc engages in the exploration, development, and marketing of oil and natural gas based energy in Canada. It produces heavy oil, liquids-rich natural gas, shallow gas, and bitumen. The company has liquids-rich natural gas assets in the deep basin of west central Alberta; heavy oil and shallow natural gas assets in eastern Alberta; and undeveloped oil sands leases in northern Alberta.

See Also: Fundamental Analysis

Receive News & Ratings for Perpetual Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perpetual Energy and related companies with's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit