New Stratus Energy Inc. (CVE:NSE – Get Free Report) Director Marino Ostos Rosales sold 175,000 shares of the stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of C$0.45, for a total transaction of C$79,555.00.
New Stratus Energy Stock Performance
CVE NSE opened at C$0.43 on Friday. New Stratus Energy Inc. has a 52-week low of C$0.40 and a 52-week high of C$0.76. The company has a 50-day simple moving average of C$0.53 and a 200 day simple moving average of C$0.50. The company has a market capitalization of C$54.09 million, a PE ratio of -5.38 and a beta of 1.17.
Analysts Set New Price Targets
Separately, Cormark upgraded shares of New Stratus Energy to a “moderate buy” rating in a report on Monday, September 23rd.
New Stratus Energy Company Profile
New Stratus Energy Inc engages in the acquisition, exploration, and development of oil and gas properties principally in Latin America. It has a farm-in agreement to acquire 100% interests in Block VMM-18 located in Cuenca Valle Medio del Magdalena, Colombia; and operates Blocks 16 and 67 oil consortiums located in Ecuador.
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