Hemisphere Energy (CVE:HME) Shares Cross Below 200 Day Moving Average – Should You Sell?

Hemisphere Energy Co. (CVE:HMEGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.82 and traded as low as C$1.82. Hemisphere Energy shares last traded at C$1.84, with a volume of 205,913 shares trading hands.

Hemisphere Energy Stock Performance

The stock has a fifty day moving average price of C$1.84 and a two-hundred day moving average price of C$1.82. The company has a market cap of C$180.80 million, a P/E ratio of 6.34 and a beta of 1.95. The company has a debt-to-equity ratio of 4.35, a current ratio of 3.98 and a quick ratio of 0.74.

Hemisphere Energy Company Profile

(Get Free Report)

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.

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