Contango Oil & Gas (NYSEAMERICAN:MCF) Stock Passes Above 200-Day Moving Average – Here’s Why

Contango Oil & Gas (NYSEAMERICAN:MCFGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares trading hands.

Contango Oil & Gas Trading Up 3.5 %

The company has a market cap of $648.31 million, a P/E ratio of -7.67 and a beta of 2.02. The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25.

Contango Oil & Gas Company Profile

(Get Free Report)

Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.

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