Questerre Energy Co. (TSE:QEC – Get Free Report) shares rose 14.8% during mid-day trading on Thursday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 203,005 shares changed hands during trading, an increase of 224% from the average daily volume of 62,611 shares. The stock had previously closed at C$0.27.
Questerre Energy Trading Up 14.8%
The company has a quick ratio of 2.62, a current ratio of 0.82 and a debt-to-equity ratio of 124.60. The firm has a market capitalization of C$140.36 million, a P/E ratio of -1.94 and a beta of -0.57. The business’s 50 day moving average is C$0.25 and its two-hundred day moving average is C$0.27.
Questerre Energy (TSE:QEC – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C$0.06 earnings per share (EPS) for the quarter. Questerre Energy had a negative net margin of 47.54% and a negative return on equity of 74.92%. The company had revenue of C$47.94 million during the quarter. Analysts expect that Questerre Energy Co. will post 0.06 EPS for the current year.
About Questerre Energy
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.
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