Enerplus Co. (TSE:ERF – Get Free Report) (NYSE:ERF) dropped 3.4% during mid-day trading on Monday . The stock traded as low as C$26.62 and last traded at C$26.78. Approximately 527,222 shares traded hands during trading, a decline of 20% from the average daily volume of 657,688 shares. The stock had previously closed at C$27.71.
Enerplus Stock Performance
The company has a debt-to-equity ratio of 15.94, a quick ratio of 0.61 and a current ratio of 0.70. The firm has a market cap of C$5.47 billion, a P/E ratio of 10.98, a price-to-earnings-growth ratio of 0.25 and a beta of 2.64. The business has a 50-day moving average of C$26.94.
About Enerplus
Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.
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