Bow Energy Ltd., (CVE:ONG) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Bow Energy Ltd., (CVE:ONGGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.20 and traded as low as C$0.20. Bow Energy Ltd., shares last traded at C$0.20, with a volume of 2,500 shares trading hands.

Bow Energy Ltd., Trading Up 11.1 %

The firm has a fifty day simple moving average of C$0.20 and a 200-day simple moving average of C$0.20.

Bow Energy Ltd., Company Profile

(Get Free Report)

Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia.

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