Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.60 and traded as high as $2.69. Canacol Energy shares last traded at $2.69, with a volume of 3,904 shares changing hands.
Canacol Energy Price Performance
The firm has a market cap of $92.47 million, a P/E ratio of 4.04 and a beta of 0.93. The company has a fifty day moving average of $2.60 and a 200-day moving average of $2.60.
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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