CanAsia Energy (CVE:CEC) Sets New 52-Week High – Here’s Why
by Teresa Graham · The Cerbat GemCanAsia Energy Corp. (CVE:CEC – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.45 and last traded at C$0.40, with a volume of 70234 shares changing hands. The stock had previously closed at C$0.42.
CanAsia Energy Price Performance
The company has a market capitalization of C$47.73 million, a P/E ratio of 3.23, a PEG ratio of 0.41 and a beta of 0.83. The business’s 50-day moving average price is C$0.34 and its two-hundred day moving average price is C$0.25.
CanAsia Energy Company Profile
CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.