Questerre Energy (TSE:QEC) Trading 1.7% Higher – Time to Buy?

Questerre Energy Co. (TSE:QEC)’s share price traded up 1.7% during mid-day trading on Wednesday . The company traded as high as C$0.30 and last traded at C$0.30. 54,350 shares traded hands during trading, a decline of 12% from the average session volume of 62,114 shares. The stock had previously closed at C$0.29.

Questerre Energy Trading Up 7.1%

The firm’s 50-day moving average price is C$0.27 and its 200 day moving average price is C$0.31. The company has a market cap of C$128.55 million, a price-to-earnings ratio of -10.00 and a beta of -0.48. The company has a current ratio of 0.53, a quick ratio of 2.62 and a debt-to-equity ratio of 80.61.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.