Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.16 and traded as low as C$0.15. CGX Energy shares last traded at C$0.15, with a volume of 20,350 shares trading hands.
CGX Energy Stock Down 3.2 %
The business’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.17. The firm has a market capitalization of C$50.78 million, a price-to-earnings ratio of -15.00 and a beta of 1.33. The company has a debt-to-equity ratio of 78.75, a quick ratio of 0.10 and a current ratio of 0.25.
CGX Energy Company Profile
CGX Energy Inc, an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and related petroleum agreements on Corentyne block in the Guyana Basin, offshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana.
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