Painted Pony Energy (OTCMKTS:PDPYF) Shares Up 0.5% – Here’s Why

Shares of Painted Pony Energy Ltd. (OTCMKTS:PDPYF – Get Free Report) traded up 0.5% during trading on Tuesday. The stock traded as high as $0.5176 and last traded at $0.5176. Approximately 35,200 shares changed hands during trading, a decline of 49% from the average daily volume of 68,935 shares. The stock had previously closed at $0.5150.

Painted Pony Energy Stock Performance

The stock has a market capitalization of $83.33 million, a P/E ratio of -0.21 and a beta of 3.98. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.14 and a current ratio of 0.14. The company’s fifty day simple moving average is $0.52 and its two-hundred day simple moving average is $0.52.

Painted Pony Energy Company Profile

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Painted Pony Energy Ltd. was a Canadian oil and natural gas exploration and production company focused on developing unconventional resources in Western Canada. Its operations were concentrated in the Montney formation in northeastern British Columbia, where the company pursued the development of natural gas, natural gas liquids and associated petroleum reserves.

The company’s activities included acquiring mineral rights, drilling horizontal wells, producing hydrocarbons and developing related gathering and processing infrastructure.

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