Insider Selling: Perpetual Energy Inc. (TSE:PMT) Senior Officer Sells 239,013 Shares of Stock

Perpetual Energy Inc. (TSE:PMT) Senior Officer Ryan Goosen sold 239,013 shares of the stock in a transaction dated Monday, August 29th. The shares were sold at an average price of C$1.14, for a total value of C$271,877.29.

Perpetual Energy Price Performance

Perpetual Energy stock remained flat at C$0.42 during trading hours on Wednesday. The company’s stock had a trading volume of 1,500 shares, compared to its average volume of 29,494. 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 company has a market capitalization of C$28.10 million, a PE ratio of -2.75 and a beta of 3.06. Perpetual Energy Inc. has a 1 year low of C$0.35 and a 1 year high of C$0.65. The business has a 50 day moving average of C$0.44 and a 200 day moving average of C$0.47.

Perpetual Energy (TSE:PMT) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$0.05 earnings per share for the quarter. The company had revenue of C$4.86 million during the quarter. Perpetual Energy had a negative return on equity of 10.67% and a negative net margin of 30.08%. Research analysts anticipate that Perpetual Energy Inc. will post 0.0547619 EPS 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.