Africa Oil Corp. (OTCMKTS:AOIFF – Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.57 and traded as low as $1.35. Africa Oil shares last traded at $1.40, with a volume of 117,082 shares trading hands.
Africa Oil Stock Performance
The firm has a market capitalization of $620.23 million, a price-to-earnings ratio of -1.67 and a beta of 1.00. The stock’s fifty day moving average is $1.32 and its two-hundred day moving average is $1.57.
Africa Oil Company Profile
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.
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