Pan Orient Energy Corp. (CVE:POE – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.21 and traded as low as C$1.20. Pan Orient Energy shares last traded at C$1.21, with a volume of 300,000 shares traded.
Pan Orient Energy Stock Down 2.4%
The stock has a market capitalization of C$60.25 million and a P/E ratio of 3.90. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.60 and a quick ratio of 3.58. The stock has a fifty day moving average price of C$1.21 and a 200 day moving average price of C$1.21.
Pan Orient Energy Company Profile
Pan Orient Energy Corp., a junior oil and natural gas company, engages in the exploration, development, and production of oil and gas properties in Thailand and Canada. It holds a 100% interest in the L53/48 concession located in west of Bangkok, Thailand; and a 50% interest in the Sawn Lake property comprising 27 sections of oil sands leases situated in the central Alberta Peace River Oil Sands area, Canada. The company is based in Calgary, Canada.
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