Frontera Energy (TSE:FEC) Sets New 1-Year High – Should You Buy?
by Mitch Edgeman · The Markets DailyFrontera Energy Co. (TSE:FEC – Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$12.21 and last traded at C$12.14, with a volume of 190720 shares traded. The stock had previously closed at C$10.16.
Frontera Energy Price Performance
The stock has a fifty day moving average of C$7.45 and a two-hundred day moving average of C$6.36. The company has a current ratio of 0.92, a quick ratio of 0.72 and a debt-to-equity ratio of 29.63. The stock has a market capitalization of C$845.55 million, a price-to-earnings ratio of -2.14, a PEG ratio of 0.06 and a beta of 0.56.
Frontera Energy Company Profile
Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.