Insider Selling: New Stratus Energy Inc. (CVE:NSE) Director Sells 175,000 Shares of Stock

New Stratus Energy Inc. (CVE:NSEGet Free Report) Director Marino Ostos Rosales sold 175,000 shares of the stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of C$0.45, for a total transaction of C$79,555.00.

New Stratus Energy Stock Performance

Shares of CVE:NSE remained flat at C$0.46 during trading on Thursday. 134,240 shares of the stock were exchanged, compared to its average volume of 301,201. The firm has a market cap of C$57.86 million, a PE ratio of -5.75 and a beta of 1.17. The firm’s fifty day moving average is C$0.53 and its two-hundred day moving average is C$0.50. New Stratus Energy Inc. has a twelve month low of C$0.40 and a twelve month high of C$0.80.

Analyst Ratings Changes

Separately, Cormark raised shares of New Stratus Energy to a “moderate buy” rating in a report on Monday, September 23rd.

Check Out Our Latest Stock Report on NSE

New Stratus Energy Company Profile

(Get Free Report)

New Stratus Energy Inc engages in the acquisition, exploration, and development of oil and gas properties principally in Latin America. It has a farm-in agreement to acquire 100% interests in Block VMM-18 located in Cuenca Valle Medio del Magdalena, Colombia; and operates Blocks 16 and 67 oil consortiums located in Ecuador.

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