Dxi Energy (TSE:DXI) Stock Price Down 25%
Dxi Energy Inc (TSE:DXI)’s share price was down 25% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03, approximately 305,857 shares changed hands during trading. An increase of 138% from the average daily volume of 128,368 shares. The stock had previously closed at C$0.04.
The company has a current ratio of 0.25, a quick ratio of 0.24 and a debt-to-equity ratio of 2,080.63. The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a market cap of $10.83 million and a price-to-earnings ratio of -0.38.
About Dxi Energy (TSE:DXI)
DXI Energy Inc acquires, explores for, and develops energy projects with a focus on oil and gas exploration in Canada and the United States. It holds interests in the Kokopelli project that covers an area of approximately 7,100 square miles with reserves of coal, oil shale, and natural gas located in Piceance Basin, Western Colorado; and Woodrush project consisting of 13,093 net acres situated in the Peace River Arch of British Columbia and Alberta.
Recommended Story: What are some reasons analysts would give stocks a buy rating?
Receive News & Ratings for Dxi Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dxi Energy and related companies with MarketBeat.com's FREE daily email newsletter.