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Marino Ostos Rosales Sells 175,000 Shares of New Stratus Energy Inc. (CVE:NSE) Stock

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New Stratus Energy Inc. (CVE:NSE - Get Free Report) Director Marino Ostos Rosales sold 175,000 shares of New Stratus Energy stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of C$0.45, for a total value of C$79,555.00.

New Stratus Energy Stock Performance

NSE stock remained flat at C$0.46 during trading on Thursday. 134,240 shares of the company were exchanged, compared to its average volume of 301,201. The firm's 50-day moving average is C$0.53 and its 200 day moving average is C$0.50. New Stratus Energy Inc. has a 52-week low of C$0.40 and a 52-week high of C$0.80. The stock has a market cap of C$57.86 million, a P/E ratio of -5.75 and a beta of 1.17.

Wall Street Analysts Forecast Growth

Separately, Cormark upgraded shares of New Stratus Energy to a "moderate buy" rating in a research note on Monday, September 23rd.

Read Our Latest Stock Report on New Stratus Energy

About New Stratus Energy

(Get Free Report)

New Stratus Energy Inc engages in the acquisition, exploration, and development of oil and gas properties principally in Latin America. It has a farm-in agreement to acquire 100% interests in Block VMM-18 located in Cuenca Valle Medio del Magdalena, Colombia; and operates Blocks 16 and 67 oil consortiums located in Ecuador.

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