CUB Energy (KUB) Trading Up 16.7%
CUB Energy Inc (CVE:KUB)’s share price was up 16.7% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 1,488,550 shares were traded during mid-day trading, an increase of 608% from the average daily volume of 210,166 shares. The stock had previously closed at C$0.03.
The firm has a market capitalization of $9.43 million and a P/E ratio of 3.50. The company has a quick ratio of 1.38, a current ratio of 1.65 and a debt-to-equity ratio of 59.56.
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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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