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Frontera Energy (TSE:FEC) Stock Price Passes Below 50-Day Moving Average - Time to Sell?

Frontera Energy logo with Energy background
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Frontera Energy Co. (TSE:FEC - Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$8.19 and traded as low as C$6.42. Frontera Energy shares last traded at C$6.67, with a volume of 60,565 shares changing hands.

Frontera Energy Stock Performance

The business's fifty day simple moving average is C$8.12 and its 200-day simple moving average is C$8.05. The firm has a market cap of C$377.70 million, a P/E ratio of 4.17, a price-to-earnings-growth ratio of 0.06 and a beta of 1.92. The company has a current ratio of 0.92, a quick ratio of 0.72 and a debt-to-equity ratio of 29.63.

About Frontera Energy

(Get Free Report)

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.

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