Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.22 and traded as low as $3.16. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares.
Contango Oil & Gas Stock Up 3.5%
The company has a market capitalization of $648.31 million, a price-to-earnings ratio of -7.67 and a beta of 2.02. The business’s 50-day moving average is $3.22 and its 200-day moving average is $3.22. The company has a quick ratio of 0.44, a current ratio of 0.45 and a debt-to-equity ratio of 2.25.
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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