Shares of Canacol Energy Ltd (TSE:CNE - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$3.10 and last traded at C$3.22, with a volume of 20005 shares changing hands. The stock had previously closed at C$3.28.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group lifted their price target on Canacol Energy from C$5.40 to C$5.50 and gave the company a "hold" rating in a research report on Tuesday, July 16th.
Check Out Our Latest Stock Analysis on CNE
Canacol Energy Trading Down 0.9 %
The company has a market capitalization of C$110.86 million, a price-to-earnings ratio of 7.07 and a beta of 0.82. The company has a current ratio of 0.97, a quick ratio of 1.34 and a debt-to-equity ratio of 203.67. The firm has a 50-day moving average price of C$3.68 and a 200-day moving average price of C$4.24.
Canacol Energy (TSE:CNE - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported C($0.85) earnings per share for the quarter, missing the consensus estimate of C$1.15 by C($2.00). The company had revenue of C$129.40 million for the quarter, compared to the consensus estimate of C$119.69 million. Canacol Energy had a return on equity of 3.50% and a net margin of 3.45%. As a group, sell-side analysts predict that Canacol Energy Ltd will post 0.2408551 EPS for the current year.
About Canacol Energy
(
Get Free Report)
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
Further Reading
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