Pine Cliff Energy (TSE:PNE) Sets New 1-Year Low – Should You Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.55 and last traded at C$0.55, with a volume of 204853 shares traded. The stock had previously closed at C$0.57.

Pine Cliff Energy Stock Down 3.5%

The company has a debt-to-equity ratio of 129.72, a current ratio of 0.56 and a quick ratio of 1.48. The firm has a market capitalization of C$197.34 million, a P/E ratio of -27.50 and a beta of 0.02. The firm’s fifty day moving average price is C$0.60 and its 200-day moving average price is C$0.67.

Pine Cliff Energy Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 31st will be given a $0.0013 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, July 15th. Pine Cliff Energy’s dividend payout ratio is -75.00%.

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

Further Reading

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