QUESTERRE ENERGY Stock Bullish Momentum With A 11.11% Jump Today

(VIANEWS) – The Market ended the session with QUESTERRE ENERGY (QEC.OL) rising 11.11% to kr2.00 on Monday while Oslo Børs Benchmark Index_GI jumped 1.26% to kr1,208.60.

QUESTERRE ENERGY’s last close was kr1.80, 28.85% under 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%.

Moving Average

QUESTERRE ENERGY’s value is above its 50-day moving average of kr1.83 and way above its 200-day moving average of kr1.80.

Volume

Today’s last reported volume for QUESTERRE ENERGY is 6339730 which is 211.08% above its average volume of 2037950.

Earnings Before Interest, Taxes, Depreciation, and Amortization

QUESTERRE ENERGY’s EBITDA is 133.31.

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).

More news about QUESTERRE ENERGY (QEC.OL).

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