CGX Energy (CVE:OYL) Stock Passes Above 50-Day Moving Average of $0.36

CGX Energy Inc. (CVE:OYLGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.36 and traded as high as C$0.36. CGX Energy shares last traded at C$0.35, with a volume of 164,751 shares traded.

CGX Energy Price Performance

The company has a quick ratio of 0.10, a current ratio of 0.41 and a debt-to-equity ratio of 78.75. The stock has a market capitalization of C$116.80 million, a PE ratio of -34.50 and a beta of 1.23. The company has a 50-day moving average of C$0.36 and a 200 day moving average of C$0.45.

CGX Energy Company Profile

(Get Free Report)

CGX Energy Inc, an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and related petroleum agreements on Corentyne block in the Guyana Basin, offshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana.

Further Reading

Receive News & Ratings for CGX Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGX Energy and related companies with MarketBeat.com's FREE daily email newsletter.