Hemisphere Energy (CVE:HME) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Hemisphere Energy Co. (CVE:HME – Get Free Report)’s share price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$2.26 and traded as high as C$2.29. Hemisphere Energy shares last traded at C$2.28, with a volume of 59,637 shares.

Hemisphere Energy Trading Up 3.2%

The company has a debt-to-equity ratio of 2.87, a current ratio of 3.40 and a quick ratio of 0.73. The company has a market cap of C$214.89 million, a PE ratio of 6.71 and a beta of 0.05. The company has a 50-day moving average of C$2.26 and a 200 day moving average of C$2.50.

Hemisphere Energy Company Profile

(Get Free Report)

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.

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