CanAsia Energy (CVE:CEC) Stock Price Down 16.7% – Time to Sell?

CanAsia Energy Corp. (CVE:CEC – Get Free Report)’s share price was down 16.7% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 136,500 shares were traded during 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 stock has a market cap of C$8.46 million, a PE ratio of 9.76, a price-to-earnings-growth ratio of 0.41 and a beta of 1.01. The company’s 50-day moving average price is C$0.09 and its 200 day moving average price is C$0.10.

About CanAsia Energy

(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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