Contango Oil & Gas (NYSEAMERICAN:MCF) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Contango Oil & Gas (NYSEAMERICAN:MCFGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares changing hands.

Contango Oil & Gas Stock Performance

The company has a debt-to-equity ratio of 2.25, a current ratio of 0.45 and a quick ratio of 0.44. The stock has a market capitalization of $648.31 million, a price-to-earnings ratio of -7.67 and a beta of 2.02.

Contango Oil & Gas Company Profile

(Get Free Report)

Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.

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