Crown Point Energy (CVE:CWV) Stock Passes Below Two Hundred Day Moving Average of $0.62

Crown Point Energy Inc (CVE:CWV)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.62 and traded as low as $0.67. Crown Point Energy shares last traded at $0.67, with a volume of 28,600 shares changing hands.

The stock has a market capitalization of $51.76 million and a price-to-earnings ratio of 8.05. The company’s 50 day moving average is C$0.65 and its 200 day moving average is C$0.62. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.95 and a current ratio of 2.27.

Crown Point Energy (CVE:CWV) last announced its quarterly earnings results on Friday, August 16th. The company reported C($0.05) earnings per share (EPS) for the quarter. The business had revenue of C$18.39 million for the quarter.

Crown Point Energy Company Profile (CVE:CWV)

Crown Point Energy Inc, a junior oil and gas company, explores for, develops, and produces petroleum and natural gas properties in Argentina. The company holds 25.78% non-operating working interests in the Las Violetas, La Angostura, and Rio Cullen exploitation concessions covering a total area of approximately 126,000 net acres in the Austral Basin of Tierra del Fuego.

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