Lundin Energy AB (publ) (OTCMKTS:LNEGY) Trading Up 2.3% – Should You Buy?

Shares of Lundin Energy AB (publ) (OTCMKTS:LNEGY) were up 2.3% on Friday . The stock traded as high as $42.50 and last traded at $42.50. Approximately 100 shares traded hands during trading, a decline of 90% from the average daily volume of 1,032 shares. The stock had previously closed at $41.55.

Lundin Energy AB (publ) Price Performance

The stock’s fifty day moving average is $42.50 and its 200-day moving average is $42.50.

About Lundin Energy AB (publ)

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe.