Claren Energy (CVE:CEN) Shares Down 16.7%

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Claren Energy Corp (CVE:CEN) was down 16.7% on Monday . The company traded as low as C$0.05 and last traded at C$0.05, approximately 20,000 shares traded hands during mid-day trading. An increase of 12% from the average daily volume of 17,932 shares. The stock had previously closed at C$0.06.

The company has a market capitalization of $476,000.00 and a PE ratio of -0.30. The firm has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.08. The company has a current ratio of 0.04, a quick ratio of 0.02 and a debt-to-equity ratio of 10.90.

About Claren Energy (CVE:CEN)

Claren Energy Corp. engages in the acquisition and exploration of petroleum and natural gas properties. The company has 51.49% interests in onshore petroleum exploration licenses (PEL), including PEL 112 and PEL 444 located on the western flank of the Cooper Eromanga Basin in the State of South Australia, Australia.

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