Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 12,300 shares, an increase of 12,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 7.7 days.
Canacol Energy Trading Up 5.5 %
Shares of CNNEF traded up $0.14 during mid-day trading on Monday, hitting $2.69. 800 shares of the company's stock were exchanged, compared to its average volume of 1,826. The firm has a market capitalization of $91.78 million, a P/E ratio of 4.01 and a beta of 0.93. Canacol Energy has a fifty-two week low of $1.99 and a fifty-two week high of $4.70. The business's 50 day moving average is $2.64 and its two-hundred day moving average is $2.65.
Canacol Energy (OTCMKTS:CNNEF - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.30 earnings per share for the quarter. The company had revenue of $94.54 million during the quarter.
About Canacol Energy
(
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Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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