Sintana Energy (CVE:SEI) Stock Price Down 9.2% - Should You Sell?

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s stock price fell 9.2% during trading on Monday . The company traded as low as C$0.58 and last traded at C$0.59. 564,582 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 612,969 shares. The stock had previously closed at C$0.65.

Sintana Energy Trading Down 5.9 %

The stock's 50-day moving average price is C$0.75 and its 200-day moving average price is C$0.96. The company has a market cap of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87.

Insider Buying and Selling at Sintana Energy

In other news, Director Robert Bose sold 28,400 shares of Sintana Energy stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of C$1.08, for a total transaction of C$30,609.52. Also, Director Douglas Glenn Manner sold 72,500 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of C$0.70, for a total transaction of C$50,750.00. In the last three months, insiders have sold 790,900 shares of company stock worth $660,249. Corporate 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.