CanAsia Energy (CVE:CEC) Trading Down 16.7% – What’s Next?

by · The Markets Daily

CanAsia Energy Corp. (CVE:CEC – Get Free Report) shares traded down 16.7% during trading on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. 136,500 shares were traded during mid-day trading, an increase of 251% from the average session volume of 38,888 shares. The stock had previously closed at C$0.09.

CanAsia Energy Stock Performance

The company has a market capitalization of C$8.46 million, a price-to-earnings ratio of 9.76, a P/E/G ratio of 0.41 and a beta of 1.01. The company has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.10.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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