Chinook Energy Inc. (TSE:CKE) shares shot up 7.7% during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.14. 32,300 shares were traded during mid-day trading, a decline of 81% from the average session volume of 166,904 shares. The stock had previously closed at C$0.13.
Separately, Raymond James restated an “underperform” rating and issued a C$0.10 price target on shares of Chinook Energy in a report on Monday, May 13th.
The stock has a market cap of $31.31 million and a P/E ratio of -1.12. The company’s 50 day moving average is C$0.13. The company has a debt-to-equity ratio of 5.78, a quick ratio of 0.31 and a current ratio of 0.47.
ILLEGAL ACTIVITY NOTICE: “Chinook Energy (TSE:CKE) Shares Up 7.7%” was originally posted by Dakota Financial News and is the sole property of of Dakota Financial News. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://dakotafinancialnews.com/2019/06/17/chinook-energy-tsecke-shares-up-7-7.html.
Chinook Energy Company Profile (TSE:CKE)
Chinook Energy Inc, an upstream oil and natural gas company, engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Canada. The company primarily holds interests in the Birley/Umbach area, which include 64 net drilling space units of land located in northeast British Columbia.
Further Reading: What is a resistance level?
Receive News & Ratings for Chinook Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chinook Energy and related companies with MarketBeat.com's FREE daily email newsletter.