(VIANEWS) – Shares of QUESTERRE ENERGY (Oslo Børs Benchmark Index_GI: QEC.OL) jumped by a staggering 16.57% in 5 sessions from kr1.81 to kr2.11 at 20:38 EST on Thursday, after three sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI is sliding 0.51% to kr1,195.23, after two consecutive sessions in a row of losses.
QUESTERRE ENERGY’s last close was kr2.11, 16.6% below its 52-week high of kr2.53.
About QUESTERRE ENERGY
Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,960 acres located in Kakwa, west central Alberta, including a 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4,480 acres in Kakwa North; 50% interest in 22,400 acres in Kakwa West; and 50% interest in 3,840 acres in Kakwa South. It also holds 100% working interest in 11,035 acres located in Antler, Saskatchewan; and oil shale assets in Jordan. The company was formerly known as Westpro Equipment Ltd. and changed its name to Questerre Energy Corporation in December 2000. The company was incorporated in 1971 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, QUESTERRE ENERGY has a trailing twelve months EPS of kr-1.89.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.96%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, QUESTERRE ENERGY’s stock is considered to be oversold (<=20).
Moving Average
QUESTERRE ENERGY’s worth is way higher than its 50-day moving average of kr1.83 and way higher than its 200-day moving average of kr1.80.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45.5%, now sitting on 46.92M for the twelve trailing months.
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