Marino Ostos Rosales Sells 175,000 Shares of New Stratus Energy Inc. (CVE:NSE) Stock

New Stratus Energy Inc. (CVE:NSEGet Free Report) Director Marino Ostos Rosales sold 175,000 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of C$0.45, for a total value of C$79,555.00.

New Stratus Energy Price Performance

New Stratus Energy stock opened at C$0.43 on Friday. New Stratus Energy Inc. has a fifty-two week low of C$0.40 and a fifty-two week high of C$0.76. The firm has a market capitalization of C$54.09 million, a PE ratio of -5.38 and a beta of 1.17. The company’s 50-day moving average is C$0.53 and its 200-day moving average is C$0.50.

Wall Street Analyst Weigh In

Separately, Cormark raised New Stratus Energy to a “moderate buy” rating in a research report on Monday, September 23rd.

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New Stratus Energy Company Profile

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New Stratus Energy Inc engages in the acquisition, exploration, and development of oil and gas properties principally in Latin America. It has a farm-in agreement to acquire 100% interests in Block VMM-18 located in Cuenca Valle Medio del Magdalena, Colombia; and operates Blocks 16 and 67 oil consortiums located in Ecuador.

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