Eco Atlantic Oil & Gas (CVE:EOG) Trading Down 1.1% – Time to Sell?

Eco Atlantic Oil & Gas Ltd (CVE:EOGGet Free Report)’s share price was down 1.1% during mid-day trading on Tuesday . The company traded as low as C$0.91 and last traded at C$0.92. Approximately 78,575 shares were traded during mid-day trading, a decline of 72% from the average session volume of 280,767 shares. The stock had previously closed at C$0.93.

Eco Atlantic Oil & Gas Price Performance

The firm has a market capitalization of C$311.24 million, a PE ratio of -38.70 and a beta of 0.10. The company’s fifty day simple moving average is C$0.99 and its 200 day simple moving average is C$0.99.

Eco Atlantic Oil & Gas Company Profile

(Get Free Report)

Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.

Further Reading

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