Hemisphere Energy (CVE:HME) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Hemisphere Energy Co. (CVE:HMEGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.84 and traded as high as C$1.94. Hemisphere Energy shares last traded at C$1.90, with a volume of 287,867 shares traded.

Hemisphere Energy Stock Performance

The company has a debt-to-equity ratio of 4.35, a current ratio of 3.98 and a quick ratio of 0.74. The firm has a market capitalization of C$186.69 million, a PE ratio of 6.55 and a beta of 1.95. The firm has a fifty day moving average price of C$1.84 and a 200 day moving average price of C$1.83.

Hemisphere Energy Company Profile

(Get Free Report)

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.

Further Reading

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