Canacol Energy Ltd (TSE:CNE - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$2.76 and last traded at C$2.79, with a volume of 7655 shares. The stock had previously closed at C$2.79.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group raised their price target on shares of Canacol Energy from C$5.40 to C$5.50 and gave the company a "hold" rating in a research report on Tuesday, July 16th.
Check Out Our Latest Stock Report on Canacol Energy
Canacol Energy Stock Performance
The company's 50-day moving average is C$3.37 and its two-hundred day moving average is C$4.11. The company has a market cap of C$96.53 million, a P/E ratio of 5.94 and a beta of 0.82. The company has a quick ratio of 1.34, a current ratio of 0.97 and a debt-to-equity ratio of 203.67.
Canacol Energy (TSE:CNE - Get Free Report) last posted its earnings results on Thursday, August 8th. The oil and gas exploration company reported C($0.85) EPS for the quarter, missing the consensus estimate of C$1.15 by C($2.00). The business had revenue of C$129.40 million for the quarter, compared to analysts' expectations of C$119.69 million. Canacol Energy had a return on equity of 3.50% and a net margin of 3.45%. Equities analysts predict that Canacol Energy Ltd will post 0.2408551 EPS for the current year.
Canacol Energy Company Profile
(
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.
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