Pieridae Energy Limited (PEA.V) (CVE:PEA) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Pieridae Energy Limited (PEA.V) (CVE:PEA) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.30. Pieridae Energy Limited (PEA.V) shares last traded at C$0.30, with a volume of 395,956 shares trading hands.

Pieridae Energy Limited (PEA.V) Trading Down 10.4 %

The company has a quick ratio of 0.65, a current ratio of 1.25 and a debt-to-equity ratio of 199.86. The company has a market cap of C$47.29 million and a price-to-earnings ratio of -0.41. The firm has a 50 day moving average price of C$0.30 and a two-hundred day moving average price of C$0.30.

Pieridae Energy Limited (PEA.V) Company Profile

Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. The company holds interests in 19,342 net acres in Ojay area, and 212,155 net acres in the Deep Basin Sierra and Ekwan areas, British Columbia; and 220,212 net acres in Northern Alberta Foothills, 180,938 net acres in Central Alberta Foothills, and 5,423 net acres in Southern Alberta Foothills, Alberta.