Shares of Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares changing hands.
Contango Oil & Gas Stock Up 3.5 %
The firm has a market capitalization of $648.31 million, a PE ratio of -7.67 and a beta of 2.02. The company has a quick ratio of 0.44, a current ratio of 0.45 and a debt-to-equity ratio of 2.25.
About Contango Oil & Gas
Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.
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