Shares of Perpetual Energy Inc. (TSE:PMT) traded up 28.6% on Friday . The company traded as high as C$0.09 and last traded at C$0.09, 146,032 shares were traded during trading. An increase of 20% from the average session volume of 121,195 shares. The stock had previously closed at C$0.07.
Separately, Stifel Firstegy cut Perpetual Energy from a “hold” rating to a “reduce” rating in a research note on Friday, March 20th.
The firm has a market cap of $3.63 million and a P/E ratio of -0.03. The stock’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.08. The company has a debt-to-equity ratio of 266.02, a quick ratio of 0.03 and a current ratio of 0.57.
Perpetual Energy Company Profile (TSE:PMT)
Perpetual Energy Inc engages in the exploration, development, and marketing of oil and natural gas based energy in Canada. It produces heavy oil, liquids-rich natural gas, shallow gas, and bitumen. The company has liquids-rich natural gas assets in the deep basin of west central Alberta; heavy oil and shallow natural gas assets in eastern Alberta; and undeveloped oil sands leases in northern Alberta.
Featured Story: Pattern Day Trader – What is the PDT Rule?
Receive News & Ratings for Perpetual Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perpetual Energy and related companies with MarketBeat.com's FREE daily email newsletter.