Cardinal Energy Ltd. (TSE:CJ - Get Free Report) declared a monthly dividend on Monday, March 31st, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.06 per share on Tuesday, April 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.09%. The ex-dividend date is Monday, March 31st.
Cardinal Energy Price Performance
Shares of CJ traded down C$0.01 during trading hours on Wednesday, reaching C$6.49. The company had a trading volume of 127,546 shares, compared to its average volume of 648,495. The company has a current ratio of 0.50, a quick ratio of 0.67 and a debt-to-equity ratio of 8.05. Cardinal Energy has a 12-month low of C$5.91 and a 12-month high of C$7.38. The firm has a 50 day simple moving average of C$6.40 and a 200-day simple moving average of C$6.46. The company has a market capitalization of C$1.04 billion, a price-to-earnings ratio of 10.03, a PEG ratio of -0.26 and a beta of 2.81.
Insider Buying and Selling at Cardinal Energy
In related news, Senior Officer Kenneth Cory Lee Younger sold 12,000 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of C$6.90, for a total transaction of C$82,800.00. 23.38% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Atb Cap Markets downgraded shares of Cardinal Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 30th. BMO Capital Markets raised their price objective on Cardinal Energy from C$7.00 to C$7.50 in a research note on Tuesday, January 14th.
Check Out Our Latest Stock Analysis on Cardinal Energy
Cardinal Energy Company Profile
(
Get Free Report)
Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.
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