Questerre Energy (TSE:QEC) Stock Crosses Above 200 Day Moving Average of $0.30

Questerre Energy Corp (TSE:QEC) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.30 and traded as high as $0.21. Questerre Energy shares last traded at $0.21, with a volume of 971 shares trading hands.

The company has a market capitalization of $85.58 million and a P/E ratio of 11.67. The company’s 50-day moving average price is C$0.22 and its two-hundred day moving average price is C$0.30. The company has a debt-to-equity ratio of 7.46, a current ratio of 0.97 and a quick ratio of 0.97.

Questerre Energy (TSE:QEC) last issued its quarterly earnings data on Friday, August 9th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$8.02 million for the quarter. On average, analysts anticipate that Questerre Energy Corp will post -0.0205 earnings per share for the current fiscal year.

About Questerre Energy (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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