Canacol Energy (OTCMKTS:CNNEF) Stock Price Crosses Below 50 Day Moving Average of $1.84

Shares of Canacol Energy Ltd (OTCMKTS:CNNEFGet Rating) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.84 and traded as low as $1.71. Canacol Energy shares last traded at $1.71, with a volume of 15,930 shares changing hands.

Canacol Energy Stock Performance

The firm has a 50-day moving average price of $1.84 and a 200-day moving average price of $2.14.

Canacol Energy (OTCMKTS:CNNEFGet Rating) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $78.02 million during the quarter.

About Canacol Energy

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Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas.

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