Petrofac Limited (OTCMKTS:POFCY – Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.05 and traded as low as $0.04. Petrofac shares last traded at $0.04, with a volume of 508,390 shares trading hands.
Petrofac Stock Down 4.7 %
The company’s 50 day moving average is $0.05 and its 200 day moving average is $0.07.
Petrofac Company Profile
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).
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