Questerre Energy (TSE:QEC) Sets New 12-Month Low – What’s Next?

Questerre Energy Co. (TSE:QEC – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23, with a volume of 105134 shares changing hands. The stock had previously closed at C$0.24.

Questerre Energy Stock Performance

The stock’s 50-day moving average is C$0.28 and its 200-day moving average is C$0.28. The stock has a market cap of C$104.01 million, a price-to-earnings ratio of -1.05 and a beta of -0.59. The company has a debt-to-equity ratio of 191.23, a current ratio of 0.51 and a quick ratio of 2.62.

Get Questerre Energy alerts:

Questerre Energy (TSE:QEC – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported C($0.04) earnings per share for the quarter. Questerre Energy had a negative net margin of 88.15% and a negative return on equity of 93.98%. The business had revenue of C$41.03 million during the quarter. Analysts anticipate that Questerre Energy Co. will post 0.06 EPS for the current fiscal year.

Insider Activity at Questerre Energy

In other news, insider Richard Tityk sold 631,606 shares of Questerre Energy stock in a transaction on Friday, May 22nd. The stock was sold at an average price of C$0.29, for a total value of C$183,165.74. Following the completion of the sale, the insider owned 174,394 shares of the company’s stock, valued at C$50,574.26. The trade was a 78.36% decrease in their ownership of the stock. 4.63% of the stock is currently owned by corporate insiders.

About Questerre Energy

(Get Free Report)

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.

Further Reading

• Five stocks we like better than Questerre Energy
• Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
• Power Struggle: Wolfspeed Sues Navitas Over AI Chips
• Why WD-40 Is Proving Great Businesses Never Go Out of Style
• Pushing the Edge: Super Micro Computer Reboots the AI Landscape

Receive News & Ratings for Questerre Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Questerre Energy and related companies with MarketBeat.com's FREE daily email newsletter.