Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.22 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares trading hands.
Contango Oil & Gas Stock Performance
The stock’s 50 day moving average price is $3.22 and its 200 day moving average price is $3.22. The company has a market cap of $648.31 million, a price-to-earnings ratio of -7.67 and a beta of 2.02. The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25.
About Contango Oil & Gas
Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.
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