Petrofac (OTCMKTS:POFCY) Stock Crosses Below 50 Day Moving Average – What’s Next?

Petrofac Limited (OTCMKTS:POFCYGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.06 and traded as low as $0.05. Petrofac shares last traded at $0.06, with a volume of 317,164 shares traded.

Petrofac Stock Up 0.4 %

The firm’s 50-day moving average price is $0.06 and its two-hundred day moving average price is $0.08.

Petrofac Company Profile

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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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