Enerplus Co. (TSE:ERF – Get Free Report) (NYSE:ERF)’s share price dropped 3.4% during trading on Monday . The stock traded as low as C$26.62 and last traded at C$26.78. Approximately 527,222 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 657,688 shares. The stock had previously closed at C$27.71.
Enerplus Stock Performance
The company has a debt-to-equity ratio of 15.94, a current ratio of 0.70 and a quick ratio of 0.61. The company has a 50-day moving average price of C$26.92. The firm has a market cap of C$5.47 billion, a price-to-earnings ratio of 10.98, a PEG ratio of 0.25 and a beta of 2.64.
About Enerplus
Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.
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