Questerre Energy (TSE:QEC) Hits New 52-Week Low – Should You Sell?

Questerre Energy Co. (TSE:QECGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.23 and last traded at C$0.26, with a volume of 45044 shares. The stock had previously closed at C$0.26.

Questerre Energy Trading Down 11.5%

The company has a market cap of C$104.01 million, a price-to-earnings ratio of -1.05 and a beta of -0.57. The company has a quick ratio of 2.62, a current ratio of 0.51 and a debt-to-equity ratio of 191.23. The company’s 50-day moving average is C$0.25 and its 200 day moving average is C$0.27.

Questerre Energy (TSE:QECGet Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported C$0.06 earnings per share for the quarter. Questerre Energy had a negative net margin of 88.15% and a negative return on equity of 93.98%. The business had revenue of C$47.94 million during the quarter. Research analysts predict that Questerre Energy Co. will post 0.06 EPS for the current year.

Insider Buying and Selling at Questerre Energy

In related news, insider Richard Tityk sold 631,606 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of C$0.29, for a total value of C$183,165.74. Following the completion of the transaction, the insider owned 174,394 shares of the company’s stock, valued at approximately C$50,574.26. This represents a 78.36% decrease in their position. 4.63% of the stock is currently owned by corporate insiders.

About Questerre Energy

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Questerre Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Questerre Energy and related companies with MarketBeat.com's FREE daily email newsletter.