CanAsia Energy (CVE:CEC) Reaches New 52-Week Low – Should You Sell?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 15000 shares changing hands. The stock had previously closed at C$0.07.

CanAsia Energy Stock Performance

The business’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.10. The company has a market capitalization of C$8.46 million, a price-to-earnings ratio of 9.76, a P/E/G ratio of 0.41 and a beta of 1.01.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

Further Reading

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