Perpetual Energy (TSE:PMT) Trading Down 4.4%

Perpetual Energy Inc. (TSE:PMT) was down 4.4% during trading on Wednesday . The company traded as low as C$0.43 and last traded at C$0.43. Approximately 146,000 shares changed hands during trading, an increase of 494% from the average daily volume of 24,597 shares. The stock had previously closed at C$0.45.

Perpetual Energy Price Performance

The company has a current ratio of 1.03, a quick ratio of 0.40 and a debt-to-equity ratio of 33.31. The business has a 50-day moving average price of C$0.45 and a 200 day moving average price of C$0.47. The stock has a market cap of C$30.47 million, a PE ratio of -2.81 and a beta of 3.08.

Perpetual Energy (TSE:PMT) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$0.05 EPS for the quarter. Perpetual Energy had a negative return on equity of 10.67% and a negative net margin of 30.08%. The firm had revenue of C$4.86 million for the quarter. As a group, research analysts forecast that Perpetual Energy Inc. will post 0.0482143 earnings per share for the current fiscal year.

About Perpetual Energy

Perpetual Energy Inc engages in the exploration, production, and marketing of oil and natural gas in Canada. The company's portfolio of assets includes liquids-rich natural gas assets located in deep basin of west central Alberta; and undeveloped bitumen leases located in Northern Alberta. Perpetual Energy Inc is headquartered in Calgary, Canada.