Petroteq Energy (CVE:PQE) Stock Price Up 21.6%

Petroteq Energy Inc (CVE:PQE)’s stock price rose 21.6% during trading on Friday . The company traded as high as C$0.24 and last traded at C$0.23, approximately 175,481 shares changed hands during mid-day trading. An increase of 34% from the average daily volume of 131,109 shares. The stock had previously closed at C$0.19.

The stock’s fifty day moving average price is C$0.25 and its 200 day moving average price is C$0.37. The stock has a market cap of $24.17 million and a P/E ratio of -0.88. The company has a current ratio of 0.23, a quick ratio of 0.05 and a debt-to-equity ratio of 14.94.

Petroteq Energy Company Profile (CVE:PQE)

Petroteq Energy Inc engages in the oil extraction and processing operations. The company is involved in the tar sands mining and oil processing activities using a closed-loop solvent based extraction system that recovers bitumen from surface mining. It holds a 100% working interest in 2,541.73 acre oil sands leases covering oil sands in the Asphalt Ridge area in Utah.

Featured Article: New Google Finance Tool and Screening Stocks

Receive News & Ratings for Petroteq Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petroteq Energy and related companies with MarketBeat.com's FREE daily email newsletter.