Crown Point Energy (CVE:CWV) Stock Price Passes Below Two Hundred Day Moving Average of $0.27

Crown Point Energy Inc. (CVE:CWVGet Rating)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.22. Crown Point Energy shares last traded at C$0.23, with a volume of 3,350 shares.

Crown Point Energy Stock Up 4.7 %

The company has a market capitalization of C$16.40 million and a price-to-earnings ratio of 2.50. The firm’s 50 day moving average price is C$0.24 and its two-hundred day moving average price is C$0.27. The company has a current ratio of 1.03, a quick ratio of 0.42 and a debt-to-equity ratio of 63.20.

About Crown Point Energy

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Crown Point Energy Inc, a junior oil and gas company, explores for, develops, and produces petroleum and natural gas properties in Argentina. The company holds 100% working interest in the Cerro de Los Leones concession permit covering an area of 101,208 acres located in the northern portion of the Neuquén Basin in the province of Mendoza, Argentina.

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