Questerre Energy (TSE:QEC) Reaches New 1-Year Low – Should You Sell?

Questerre Energy Co. (TSE:QEC) hit a new 52-week low on Monday . The stock traded as low as C$0.23 and last traded at C$0.26, with a volume of 45044 shares changing hands. The stock had previously closed at C$0.26.

Questerre Energy Trading Up 2.0%

The company has a debt-to-equity ratio of 191.23, a quick ratio of 2.62 and a current ratio of 0.51. The company has a market capitalization of C$117.58 million, a price-to-earnings ratio of -1.18 and a beta of -0.57. The firm has a fifty day moving average price of C$0.25 and a 200-day moving average price of C$0.27.

Questerre Energy (TSE:QEC) last posted its quarterly earnings results on Friday, May 15th. The company reported C($0.04) EPS for the quarter. Questerre Energy had a negative net margin of 88.15% and a negative return on equity of 93.98%. The company had revenue of C$41.03 million during the quarter. As a group, equities analysts anticipate that Questerre Energy Co. will post 0.06 EPS for the current year.

Insider Activity at Questerre Energy

In other news, insider Richard Tityk sold 631,606 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of C$0.29, for a total transaction of C$183,165.74. Following the completion of the sale, the insider owned 174,394 shares of the company’s stock, valued at approximately C$50,574.26. This represents a 78.36% decrease in their position. Insiders own 4.63% of the company’s stock.

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.