Canacol Energy (TSE:CNE) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Canacol Energy Ltd (TSE:CNEGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.62 and traded as high as C$3.68. Canacol Energy shares last traded at C$3.58, with a volume of 12,961 shares trading hands.

Canacol Energy Stock Performance

The company has a debt-to-equity ratio of 209.68, a quick ratio of 1.34 and a current ratio of 1.50. The company has a market cap of C$81.43 million, a PE ratio of 3.60 and a beta of 0.82. The company’s 50 day moving average price is C$3.79 and its 200-day moving average price is C$3.62.

About Canacol Energy

(Get Free Report)

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower & Middle Magdalena Basins of Colombia.

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