ENTREC (TSE:ENT) Stock Passes Above 200-Day Moving Average of $0.12

ENTREC Corp (TSE:ENT) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.12 and traded as high as $0.08. ENTREC shares last traded at $0.08, with a volume of 30,000 shares traded.

Separately, Canaccord Genuity reduced their price objective on ENTREC from C$0.15 to C$0.10 in a research note on Friday, August 16th.

The company has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.12. The stock has a market capitalization of $8.24 million and a P/E ratio of -0.73. The company has a quick ratio of 0.23, a current ratio of 0.27 and a debt-to-equity ratio of 904.06.

ENTREC (TSE:ENT) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$46.07 million during the quarter. Equities analysts forecast that ENTREC Corp will post -0.04 EPS for the current fiscal year.

About ENTREC (TSE:ENT)

ENTREC Corporation, together with its subsidiaries, provides heavy haul transportation and crane solutions to the oil and natural gas, construction, petrochemical, mining, and power generation industries in Canada and the United States. The company operates from 13 locations throughout western Canada, North Dakota, Colorado, and Texas with a fleet of 200 cranes, 750 multi-wheeled trailers, and 190 tractors, as well as approximately 375 lines of specialized platform trailers.

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