Questerre Energy (TSE:QEC) Shares Cross Above 200 Day Moving Average of $0.29

Questerre Energy Corp (TSE:QEC)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.29 and traded as high as $0.21. Questerre Energy shares last traded at $0.21, with a volume of 500 shares trading hands.

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 7.46. The company has a market capitalization of $89.86 million and a P/E ratio of 11.67. The stock has a 50 day moving average of C$0.22 and a 200-day moving average of C$0.29.

Questerre Energy (TSE:QEC) last posted its quarterly earnings results on Friday, August 9th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$8.02 million during the quarter. As a group, sell-side analysts expect that Questerre Energy Corp will post -0.0204444 EPS for the current fiscal year.

Questerre Energy Company Profile (TSE:QEC)

Questerre Energy Corporation, an independent energy company, acquires, explores for, and develops non-conventional oil and gas projects in North America. The company produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 11,880 net acres, including a 100% working interest and operatorship of 8,320 net acres in the Kakwa-Resthaven area situated in west central Alberta.

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