Frontera Energy (TSE:FEC) Hits New 52-Week High – What’s Next?

Frontera Energy Co. (TSE:FEC) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$13.85 and last traded at C$13.67, with a volume of 158654 shares changing hands. The stock had previously closed at C$13.71.

Frontera Energy Stock Down 0.3%

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 company has a fifty day moving average price of C$9.65 and a 200 day moving average price of C$7.14. The company has a market cap of C$950.54 million, a PE ratio of -2.41, a price-to-earnings-growth ratio of 0.06 and a beta of 0.39.

Frontera Energy (TSE:FEC) last announced its earnings results on Wednesday, March 18th. The company reported C($12.31) earnings per share for the quarter. Frontera Energy had a negative net margin of 40.21% and a negative return on equity of 28.96%. The company had revenue of C$653.07 million during the quarter. As a group, analysts anticipate that Frontera Energy Co. will post 1.648374 EPS for the current year.

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.