Free Trial

Hemisphere Energy (CVE:HME) Stock Crosses Below 200-Day Moving Average - Here's Why

Hemisphere Energy logo with Energy background
Remove Ads

Shares of Hemisphere Energy Co. (CVE:HME - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.84 and traded as low as C$1.81. Hemisphere Energy shares last traded at C$1.83, with a volume of 15,627 shares.

Hemisphere Energy Stock Down 1.1 %

The company has a market cap of C$176.44 million, a P/E ratio of 6.01 and a beta of 1.95. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.74 and a current ratio of 2.15. The business's fifty day moving average is C$1.82 and its two-hundred day moving average is C$1.84.

Hemisphere Energy Company Profile

(Get Free Report)

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.

Recommended Stories

Should You Invest $1,000 in Hemisphere Energy Right Now?

Before you consider Hemisphere 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 Hemisphere Energy wasn't on the list.

While Hemisphere Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

SoftBank’s latest move is a turnaround for the chip sector; here are 3 chip stocks set to surge. Plus, find a bonus AI stock pick at the end of the video.

Related Videos

Stock Market on Sale – Buy Now Before the Next Big Surge
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last
Is There Still Money in AI? How to Invest in the Next Big Wave

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads