Pan Orient Energy (CVE:POE) Share Price Crosses Above Two Hundred Day Moving Average of $1.05

Pan Orient Energy Corp. (CVE:POE – Get Rating)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.05 and traded as high as C$1.15. Pan Orient Energy shares last traded at C$1.15, with a volume of 2,400 shares trading hands.

Pan Orient Energy Stock Up 0.0 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.53 and a current ratio of 3.54. The stock has a market capitalization of C$57.26 million and a price-to-earnings ratio of 4.60. The firm’s fifty day simple moving average is C$1.10 and its 200 day simple moving average is C$1.05.

Pan Orient Energy (CVE:POE – Get Rating) last issued its earnings results on Thursday, May 12th. The oil and natural gas company reported C$0.07 earnings per share for the quarter. On average, sell-side analysts forecast that Pan Orient Energy Corp. will post 0.02 earnings per share for the current year.

Pan Orient Energy Company Profile

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Pan Orient Energy Corp., a junior oil and natural gas company, engages in the exploration, development, and production of oil and gas properties in Thailand and Canada. It holds a 100% interest in the L53/48 concession located in west of Bangkok, Thailand; and a 50% interest in the Sawn Lake property comprising 27 sections of oil sands leases situated in the central Alberta Peace River Oil Sands area, Canada.

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