CUB Energy (CVE:KUB) Shares Down 11.1%

CUB Energy Inc (CVE:KUB)’s stock price fell 11.1% during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08, 368,062 shares traded hands during mid-day trading. An increase of 25% from the average session volume of 295,073 shares. The stock had previously closed at C$0.09.

The company has a debt-to-equity ratio of 69.96, a current ratio of 0.94 and a quick ratio of 0.81. The firm has a market capitalization of $28.28 million and a PE ratio of 11.25. The firm has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.07.

CUB Energy Company Profile (CVE:KUB)

Cub Energy Inc explores for, develops, and produces oil and gas. As of December 31, 2018, the company had 9 licenses with approximately 142,000 net acres in Transcarpathian and Dnieper-Donets basins in Ukraine. Cub Energy Inc was incorporated in 2008 and is headquartered in Houston, Texas.

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