Contango Oil & Gas (NYSEAMERICAN:MCF) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Contango Oil & Gas (NYSEAMERICAN:MCFGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares.

Contango Oil & Gas Stock Performance

The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25. The company has a market capitalization of $648.31 million, a P/E ratio of -7.67 and a beta of 2.02.

About Contango Oil & Gas

(Get Free Report)

Contango Oil & Gas Co is an oil and natural gas company. The firm engages in the exploration, development, production and acquisition of crude oil and natural gas properties. Its operation focuses in Permian Basin, South Texas, Southeast Texas East Texas, Wyoming, and Gulf of Mexico. The company was founded by Kenneth R.

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