Sintana Energy (CVE:SEI) Trading 5.9% Higher

Sintana Energy Inc. (CVE:SEI)’s stock price rose 5.9% on Wednesday . The company traded as high as C$0.54 and last traded at C$0.54. Approximately 125,587 shares traded hands during trading, a decline of 86% from the average daily volume of 868,738 shares. The stock had previously closed at C$0.51.

Sintana Energy Price Performance

The firm has a market cap of C$168.42 million, a price-to-earnings ratio of 61.00 and a beta of 1.14. The business’s 50-day simple moving average is C$0.48 and its two-hundred day simple moving average is C$0.38. The company has a current ratio of 1.49, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99.

Insider Buying and Selling at Sintana Energy

In other Sintana Energy news, Director Bruno Maruzzo sold 100,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of C$0.38, for a total transaction of C$38,000.00. Insiders own 18.04% 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.