Bonterra Energy (TSE:BNE) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Bonterra Energy Corp. (TSE:BNE) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.73 and traded as high as C$4.59. Bonterra Energy shares last traded at C$4.56, with a volume of 59,516 shares.

Bonterra Energy Price Performance

The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21. The firm has a market capitalization of C$170.11 million, a PE ratio of -11.40 and a beta of 0.47. The firm has a 50-day simple moving average of C$4.06 and a 200-day simple moving average of C$3.73.

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

About Bonterra Energy

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.