Hillcrest Petroleum (CVE:HRH) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.22 and traded as high as C$0.22. Hillcrest Petroleum shares last traded at C$0.22, with a volume of 968,083 shares traded.

Hillcrest Petroleum Stock Up 10.0%

The company’s fifty day moving average is C$0.22 and its two-hundred day moving average is C$0.22. The stock has a market cap of C$46.26 million and a price-to-earnings ratio of -12.94.

About Hillcrest Petroleum

(Get Free Report)

Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America. It has an option to acquire 75% working interest in West Hazel field, a petroleum asset located in the Western Canadian Sedimentary Basin, Saskatchewan. The company was formerly known as Hillcrest Resources Ltd. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.

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