Pieridae Energy Limited (PEA.V) (CVE:PEA) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

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

Pieridae Energy Limited (PEA.V) Price Performance

The business has a fifty day moving average of C$0.30 and a 200-day moving average of C$0.30. The company has a current ratio of 1.25, a quick ratio of 0.65 and a debt-to-equity ratio of 199.86. The firm 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.