Sintana Energy (CVE:SEI) Sets New 12-Month Low - Time to Sell?

Shares of Sintana Energy Inc. (CVE:SEI - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.48 and last traded at C$0.52, with a volume of 946351 shares trading hands. The stock had previously closed at C$0.64.

Sintana Energy Price Performance

The business has a 50 day simple moving average of C$0.66 and a 200 day simple moving average of C$0.90. The company has a market cap of C$184.77 million, a price-to-earnings ratio of -18.39 and a beta of 0.87.

Insider Transactions at Sintana Energy

In related news, Senior Officer David Lewis Cherry sold 100,000 shares of the company's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of C$0.46, for a total value of C$46,000.00. Also, Director Douglas Glenn Manner sold 72,500 shares of Sintana Energy stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of C$0.70, for a total value of C$50,750.00. Insiders have sold 862,500 shares of company stock worth $675,639 in the last three months. Insiders own 15.35% of the company's stock.

About Sintana Energy

Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.