Key Points
- Insider sale: Questerre Energy insider Richard Tityk sold 631,606 shares on May 22 at an average price of C$0.29, worth about C$183,166. His direct holding fell by 78.36% to 174,394 shares.
- Stock and financial snapshot: QEC was trading around C$0.30, near its 50-day and 200-day moving averages, with a market cap of C$133.4 million and a one-year range of C$0.21 to C$0.45. The company also carries a very high debt-to-equity ratio of 191.23.
- Recent performance: Questerre reported a quarterly loss of C$0.04 per share in its latest earnings release. Analysts expect the company to post earnings of C$0.06 per share for the current year.
Questerre Energy Co. (TSE:QEC - Get Free Report) insider Richard Tityk sold 631,606 shares of Questerre Energy stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of C$0.29, for a total value of C$183,165.74. Following the completion of the transaction, the insider directly owned 174,394 shares in the company, valued at C$50,574.26. This represents a 78.36% decrease in their position.
Questerre Energy Price Performance
QEC stock opened at C$0.30 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 2.62 and a debt-to-equity ratio of 191.23. Questerre Energy Co. has a one year low of C$0.21 and a one year high of C$0.45. The firm has a market capitalization of C$133.40 million, a PE ratio of -1.34 and a beta of -0.65. The firm has a 50-day moving average of C$0.30 and a two-hundred day moving average of C$0.29.
Questerre Energy (TSE:QEC - Get Free Report) last released its earnings results on Friday, May 15th. The company reported C($0.04) earnings per share for the quarter. Questerre Energy had a negative return on equity of 93.98% and a negative net margin of 88.15%. On average, analysts forecast that Questerre Energy Co. will post 0.06 earnings per share for the current year.
Questerre Energy Company Profile
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Get Free Report)
Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids.
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