Crown Point Energy (CVE:CWV) Stock Price Crosses Below Two Hundred Day Moving Average of $0.06

Crown Point Energy Inc. (CVE:CWV)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.06 and traded as low as C$0.06. Crown Point Energy shares last traded at C$0.06, with a volume of 20,100 shares changing hands.

Crown Point Energy Trading Up 9.1 %

The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.06. The stock has a market cap of C$4.37 million, a P/E ratio of -0.40 and a beta of 2.54. The company has a current ratio of 0.39, a quick ratio of 0.42 and a debt-to-equity ratio of 168.97.

Crown Point Energy (CVE:CWV) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C($0.10) earnings per share for the quarter. The company had revenue of C$7.53 million for the quarter. Crown Point Energy had a negative net margin of 36.95% and a negative return on equity of 37.17%.

About Crown Point Energy

Crown Point Energy Inc explores for, develops, and produces petroleum and natural gas properties in Argentina. The company holds a 100% working interest in the Cerro de Los Leones concession located in the Neuquén Basin, Argentina. It also holds interests in the Las Violetas, La Angostura, and Rio Cullen exploitation concessions in Tierra del Fuego; and Chañares Herrados exploitation concession located in the Cuyano Basin.