Frontera Energy (TSE:FEC) Hits New 12-Month High – What’s Next?

Frontera Energy Co. (TSE:FEC) reached a new 52-week high on Thursday . The stock traded as high as C$13.52 and last traded at C$13.52, with a volume of 29947 shares trading hands. The stock had previously closed at C$13.09.

Frontera Energy Stock Up 2.9%

The company’s 50-day simple moving average is C$9.06 and its two-hundred day simple moving average is C$6.92. The company has a debt-to-equity ratio of 42.80, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market capitalization of C$936.64 million, a P/E ratio of -2.37, a P/E/G ratio of 0.06 and a beta of 0.39.

About Frontera Energy

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.