Sintana Energy (CVE:SEI) Stock Price Down 16% – Here’s What Happened

by · The Markets Daily

Sintana Energy Inc. (CVE:SEIGet Free Report) shares traded down 16% during trading on Tuesday . The stock traded as low as C$0.38 and last traded at C$0.45. 4,316,315 shares changed hands during trading, an increase of 1,043% from the average session volume of 377,504 shares. The stock had previously closed at C$0.53.

Sintana Energy Stock Down 18.9%

The firm has a 50 day simple moving average of C$0.54 and a two-hundred day simple moving average of C$0.60. The stock has a market capitalization of C$163.48 million, a P/E ratio of -10.75 and a beta of -1.02.

Sintana Energy Company Profile

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Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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