Questerre Energy (TSE:QEC) Trading Up 19.2% – What’s Next?

Questerre Energy Co. (TSE:QEC)’s stock price shot up 19.2% during mid-day trading on Friday . The company traded as high as C$0.31 and last traded at C$0.31. 108,180 shares traded hands during trading, an increase of 69% from the average session volume of 64,012 shares. The stock had previously closed at C$0.26.

Questerre Energy Stock Performance

The company has a market cap of C$132.84 million, a P/E ratio of -10.33 and a beta of -0.48. The stock has a 50 day moving average price of C$0.28 and a two-hundred day moving average price of C$0.31. The company has a quick ratio of 2.62, a current ratio of 0.53 and a debt-to-equity ratio of 80.61.

About Questerre Energy

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.