Strategic Oil & Gas (CVE:SOG) Stock Passes Below 200-Day Moving Average – Should You Sell?

Strategic Oil & Gas Ltd (CVE:SOGGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.02 and traded as low as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares changing hands.

Strategic Oil & Gas Stock Performance

The firm has a market cap of C$36.34 million and a price-to-earnings ratio of -0.01. The firm’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a debt-to-equity ratio of 903.61, a quick ratio of 0.53 and a current ratio of 0.91.

Strategic Oil & Gas Company Profile

(Get Free Report)

Strategic Oil & Gas Ltd. engages in the exploration and development of petroleum and natural gas reserves in Western Canada and the Western United States. The company holds interests in various oil and natural gas properties located in Amber, Bistcho/Larne, Conrad, Marlowe, and Taber areas in Alberta; Cameron Hills, Northwest Territories; and Maxhamish, Northeast British Columbia.

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