Sintana Energy (CVE:SEI) Trading Down 18.9% – Should You Sell?

by · The Cerbat Gem

Sintana Energy Inc. (CVE:SEI – Get Free Report) shares dropped 18.9% during trading on Tuesday . The stock traded as low as C$0.38 and last traded at C$0.43. Approximately 4,424,600 shares were traded during trading, an increase of 1,071% from the average daily volume of 377,971 shares. The stock had previously closed at C$0.53.

Sintana Energy Price Performance

The firm has a 50-day moving average price of C$0.53 and a 200 day moving average price of C$0.60. The firm has a market capitalization of C$157.77 million, a PE ratio of -10.38 and a beta of -1.02.

About Sintana Energy

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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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