Pieridae Energy Limited (PEA.V) (CVE:PEA) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Pieridae Energy Limited (PEA.V) (CVE:PEA)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.30 and traded as high as C$0.31. Pieridae Energy Limited (PEA.V) shares last traded at C$0.30, with a volume of 395,956 shares changing hands.

Pieridae Energy Limited (PEA.V) Price Performance

The business’s 50 day moving average price is C$0.30 and its 200-day moving average price is C$0.30. The company has a quick ratio of 0.65, a current ratio of 1.25 and a debt-to-equity ratio of 199.86. The company has a market cap of C$47.29 million and a PE ratio of -0.41.

Pieridae Energy Limited (PEA.V) Company Profile

Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. The company holds interests in 19,342 net acres in Ojay area, and 212,155 net acres in the Deep Basin Sierra and Ekwan areas, British Columbia; and 220,212 net acres in Northern Alberta Foothills, 180,938 net acres in Central Alberta Foothills, and 5,423 net acres in Southern Alberta Foothills, Alberta.