Cequence Energy Ltd. (CQE.TO) (TSE:CQE) Stock Price Up 3.4% – Time to Buy?

Cequence Energy Ltd. (CQE.TO) (TSE:CQEGet Free Report) shares rose 3.4% during trading on Monday . The company 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 market capitalization of C$6.27 million and a PE ratio of -0.05. The company has a debt-to-equity ratio of 113.28, a quick ratio of 0.54 and a current ratio of 0.60.

Cequence Energy Ltd. (CQE.TO) Company Profile

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Cequence Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd.

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