CanAsia Energy (CVE:CEC) Sets New 1-Year Low – Should You Sell?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 48500 shares changing hands. The stock had previously closed at C$0.11.

CanAsia Energy Stock Performance

The firm has a 50-day moving average price of C$0.11 and a 200-day moving average price of C$0.13. The stock has a market cap of C$11.28 million, a PE ratio of -3.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.01.

CanAsia Energy (CVE:CECGet Free Report) last posted its quarterly earnings results on Thursday, August 15th. The company reported C($0.01) EPS for the quarter. As a group, sell-side analysts anticipate that CanAsia Energy Corp. will post 0.02 EPS for the current fiscal year.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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