Cequence Energy Ltd. (CQE.TO) (TSE:CQE) Trading Up 3.4% – Should You Buy?

Cequence Energy Ltd. (CQE.TO) (TSE:CQEGet Free Report) shares rose 3.4% during trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 2,022 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 47,949 shares. The stock had previously closed at C$0.15.

Cequence Energy Ltd. (CQE.TO) Stock Up 3.4 %

The company has a quick ratio of 0.54, a current ratio of 0.60 and a debt-to-equity ratio of 113.28. The stock has a market capitalization of C$6.27 million and a price-to-earnings ratio of -0.05. The company has a 50-day moving average of C$0.15.

About Cequence Energy Ltd. (CQE.TO)

(Get Free Report)

Cequence Energy Ltd is a Canada based company engaged in the acquisition, exploration, and production of petroleum and natural gas reserves in Western Canada. The company generates its revenue from the sale of Natural gas, Crude oil and condensate, Natural gas liquids and Royalties, of which key revenue is derived from the sales of Natural gas and Crude oil and condensate.

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