Contango Oil & Gas (NYSEAMERICAN:MCF) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Contango Oil & Gas (NYSEAMERICAN:MCFGet Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares changing hands.

Contango Oil & Gas Price Performance

The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.44 and a current ratio of 0.45. The firm has a market capitalization of $648.31 million, a P/E ratio of -7.67 and a beta of 2.02.

About Contango Oil & Gas

(Get Free Report)

Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.

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