Petro-Victory Energy (CVE:VRY) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Petro-Victory Energy Corp. (CVE:VRY)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.20 and traded as low as C$0.86. Petro-Victory Energy shares last traded at C$0.86, with a volume of 1,515 shares trading hands.

Petro-Victory Energy Stock Performance

The company has a market cap of C$12.37 million, a P/E ratio of -1.79 and a beta of 1.21. The business has a 50 day moving average price of C$0.95 and a two-hundred day moving average price of C$1.19. The company has a debt-to-equity ratio of 380.98, a quick ratio of 0.04 and a current ratio of 0.03.

About Petro-Victory Energy

Petro-Victory Energy Corp., through its subsidiaries, engages in the acquisition and development of crude oil and natural gas resources in Latin America. The company was incorporated in 2014 and is based in Dallas, Texas.