Questerre Energy (TSE:QEC) Insider Sells C$183,165.74 in Stock

Questerre Energy Co. (TSE:QEC) insider Richard Tityk sold 631,606 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of C$0.29, for a total transaction of C$183,165.74. Following the sale, the insider directly owned 174,394 shares in the company, valued at C$50,574.26. This trade represents a 78.36% decrease in their ownership of the stock.

Questerre Energy Stock Performance

Shares of QEC remained flat at C$0.30 during mid-day trading on Monday. 20,616 shares of the stock traded hands, compared to its average volume of 83,328. Questerre Energy Co. has a twelve month low of C$0.21 and a twelve month high of C$0.45. The company has a debt-to-equity ratio of 191.23, a current ratio of 0.51 and a quick ratio of 2.62. The business has a 50 day simple moving average of C$0.30 and a 200-day simple moving average of C$0.29. The stock has a market capitalization of C$133.40 million, a PE ratio of -1.34 and a beta of -0.65.

Questerre Energy (TSE:QEC) last released its quarterly earnings results on Friday, May 15th. The company reported C($0.04) EPS for the quarter. Questerre Energy had a negative net margin of 88.15% and a negative return on equity of 93.98%. As a group, analysts anticipate that Questerre Energy Co. will post 0.06 earnings per share for the current year.

Questerre Energy Company Profile

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.