Frontera Energy (TSE:FEC) Sets New 52-Week High – What’s Next?

Frontera Energy Co. (TSE:FEC) shares hit a new 52-week high during trading on Monday . The company traded as high as C$15.00 and last traded at C$14.87, with a volume of 23163 shares traded. The stock had previously closed at C$13.88.

Frontera Energy Stock Performance

The stock has a 50 day simple moving average of C$12.21 and a 200 day simple moving average of C$8.12. The company has a market cap of C$1.02 billion, a price-to-earnings ratio of -1.02, a PEG ratio of 0.06 and a beta of -0.07. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 82.19.

Frontera Energy (TSE:FEC) last released its quarterly earnings results on Wednesday, March 18th. The company reported C($12.31) EPS for the quarter. Frontera Energy had a negative return on equity of 88.55% and a negative net margin of 104.96%.The business had revenue of C$653.07 million during the quarter. As a group, analysts predict that Frontera Energy Co. will post 1.648374 EPS for the current year.

About Frontera Energy

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.