Bonterra Energy (TSE:BNE) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Bonterra Energy Corp. (TSE:BNE)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.65 and traded as high as C$4.36. Bonterra Energy shares last traded at C$4.18, with a volume of 13,450 shares.

Bonterra Energy Stock Down 0.9%

The company has a market cap of C$150.81 million, a PE ratio of -10.45 and a beta of 0.61. The firm has a 50-day simple moving average of C$3.74 and a two-hundred day simple moving average of C$3.65. The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21.

Bonterra Energy (TSE:BNE) last issued its quarterly earnings data on Thursday, November 13th. The company reported C($0.10) earnings per share (EPS) for the quarter. The company had revenue of C$50.06 million during the quarter. Bonterra Energy had a net margin of 10.56% and a return on equity of 5.12%. Research analysts anticipate that Bonterra Energy Corp. will post 0.336726 earnings per share for the current fiscal year.

Bonterra Energy Company Profile

Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.