Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.97 and traded as low as $6.81. Whitecap Resources shares last traded at $6.84, with a volume of 214,490 shares traded.
Whitecap Resources Stock Performance
The business’s 50 day moving average price is $6.97 and its two-hundred day moving average price is $7.33.
Whitecap Resources Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.0424 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 7.36%. Whitecap Resources’s payout ratio is 47.33%.
Whitecap Resources Company Profile
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
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