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Canacol Energy drops 3.6% on high volatility February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets


Canacol Energy Ltd. (TSX:CNE), Canada's 33rd largest Oil & gas - exploration & production company by market cap, traded between an intraday low of CAD3.70 and a high of CAD3.93, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 3.7% places the stock in the 3rd quartile in the market, meaning it is the mildly volatile. Today its volatility (highest price minus lowest price/lowest price) of 6.1% was 1.6 times the average d...