Carbon Energy (OTCMKTS:CRBOD) Trading Up 12.5%

Carbon Energy Co. (OTCMKTS:CRBOD – Get Rating)’s share price was up 12.5% during mid-day trading on Monday . The stock traded as high as $2.05 and last traded at $1.80. Approximately 900 shares changed hands during trading, a decline of 59% from the average daily volume of 2,171 shares. The stock had previously closed at $1.60.

The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.08 and a current ratio of 1.12. The firm’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.26.

Carbon Energy Company Profile (OTCMKTS:CRBOD)

Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. It focuses on conventional and unconventional reservoirs, including shale, tight sand, and coalbed methane located in the Appalachian, Illinois, and Ventura Basins.

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