HKN, Inc. (OTCMKTS:HKNI – Get Free Report)’s stock price dropped 24.5% on Monday . The company traded as low as $6.04 and last traded at $6.04. Approximately 200 shares changed hands during trading, a decline of 18% from the average daily volume of 244 shares. The stock had previously closed at $8.00.
HKN Price Performance
The business’s 50-day simple moving average is $6.04 and its 200-day simple moving average is $6.04.
HKN Company Profile
HKN, Inc operates as an independent energy company. The company owns an oilfield emulsion breaking technology that purifies oilfield emulsions by breaking and separating the emulsions into oil, water, and solids. It also holds non-operated oil and gas leases and mineral interests in properties located in the Bakken and Niobrara shale oil plays; and rights to acreage in the Permian Basin of Texas.
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