Bonterra Energy (TSE:BNE) Shares Cross Above 200-Day Moving Average – Should You Sell?

Bonterra Energy Corp. (TSE:BNE) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.79 and traded as high as C$4.81. Bonterra Energy shares last traded at C$4.73, with a volume of 52,589 shares traded.

Bonterra Energy Stock Performance

The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00. The stock’s fifty day simple moving average is C$4.20 and its 200 day simple moving average is C$3.79. The company has a market cap of C$170.74 million, a price-to-earnings ratio of -11.83 and a beta of 0.47.

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