Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.22 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares changing hands.
Contango Oil & Gas Stock Performance
The firm’s fifty day moving average price is $3.22 and its 200-day moving average price is $3.22. The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25. The firm has a market cap of $648.31 million, a price-to-earnings ratio of -7.67 and a beta of 2.02.
Contango Oil & Gas Company Profile
Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.
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