Pieridae Energy Limited (PEA.V) (CVE:PEA) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Pieridae Energy Limited (PEA.V) (CVE:PEA) shares crossed below its fifty day moving average during trading on Tuesday . 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 traded.

Pieridae Energy Limited (PEA.V) Trading Down 10.4%

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 stock has a market capitalization of C$47.29 million and a P/E ratio of -0.41. The company has a 50-day moving average price of C$0.30 and a 200 day moving average price of C$0.30.

About Pieridae Energy Limited (PEA.V)

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.