Canacol Energy (OTCMKTS:CNNEF) Stock Price Passes Above Fifty Day Moving Average of $7.94

Canacol Energy Ltd (OTCMKTS:CNNEFGet Rating)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.94 and traded as high as $8.37. Canacol Energy shares last traded at $8.37, with a volume of 1,600 shares trading hands.

Canacol Energy Price Performance

The firm’s 50 day moving average is $7.94 and its 200 day moving average is $7.87. The company has a market cap of $285.51 million, a PE ratio of 2.06 and a beta of 0.91.

Canacol Energy (OTCMKTS:CNNEFGet Rating) last released its quarterly earnings results on Monday, March 27th. The company reported $3.92 EPS for the quarter. The company had revenue of $85.97 million during the quarter.

About Canacol Energy

(Get Rating)

Canacol Energy Ltd. engages in natural gas exploration and development activities. The firm also focuses on the commercialization of Colombian gas reserves and resource base. The company was founded by Charle A. Gamba, Luis Baena, and David Anthony Winter on July 20, 1970 and is headquartered in Calgary, Canada.

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