CanAsia Energy (CVE:CEC) Stock Price Crosses Above 200-Day Moving Average of $0.12

CanAsia Energy Corp. (CVE:CECGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.14. CanAsia Energy shares last traded at C$0.14, with a volume of 52,500 shares changing hands.

CanAsia Energy Stock Performance

The stock has a 50-day simple moving average of C$0.14 and a 200 day simple moving average of C$0.12. The company has a market cap of C$15.23 million and a P/E ratio of -2.25.

CanAsia Energy (CVE:CECGet Free Report) last posted its earnings results on Thursday, May 16th. The company reported C($0.01) EPS for the quarter. Sell-side analysts anticipate that CanAsia Energy Corp. will post 0.02 earnings per share for the current fiscal year.

About CanAsia Energy

(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.

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