Sintana Energy (CVE:SEI) Shares Down 6.8% - Should You Sell?

Sintana Energy Inc. (CVE:SEI - Get Free Report) shares dropped 6.8% on Tuesday . The stock traded as low as C$1.09 and last traded at C$1.10. Approximately 197,974 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 757,427 shares. The stock had previously closed at C$1.18.

Sintana Energy Stock Performance

The company has a current ratio of 10.18, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99. The company has a fifty day moving average of C$1.05 and a two-hundred day moving average of C$1.12. The stock has a market capitalization of C$441.32 million, a price-to-earnings ratio of -59.00 and a beta of 0.87.

Insider Buying and Selling

In other Sintana Energy news, Director Robert Bose purchased 444,444 shares of the company's stock in a transaction on Friday, November 22nd. The shares were bought at an average cost of C$0.45 per share, with a total value of C$199,999.80. 15.35% of the stock is owned by insiders.

Sintana Energy Company Profile

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.