Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 34,800 shares, a decline of 28.8% from the January 31st total of 48,900 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 6.2 days.
Canacol Energy Stock Performance
Shares of CNNEF stock traded down $0.13 during mid-day trading on Monday, hitting $2.54. 5,920 shares of the stock were exchanged, compared to its average volume of 2,506. The stock's fifty day simple moving average is $2.61 and its two-hundred day simple moving average is $2.58. Canacol Energy has a 12-month low of $1.99 and a 12-month high of $4.55. The stock has a market capitalization of $86.66 million, a price-to-earnings ratio of 3.79 and a beta of 0.93.
About Canacol Energy
(
Get Free Report)
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.
Recommended Stories
Before you consider Canacol Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canacol Energy wasn't on the list.
While Canacol Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
