Sundance Energy Australia (OTCMKTS:SDCJF) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Sundance Energy Australia Ltd (OTCMKTS:SDCJF)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.15 and traded as high as $0.15. Sundance Energy Australia shares last traded at $0.15, with a volume of 1,200 shares.

Sundance Energy Australia Trading Up 200.0%

The business’s fifty day moving average price is $0.15 and its two-hundred day moving average price is $0.15. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.72 and a quick ratio of 0.72.

Sundance Energy Australia Company Profile

Sundance Energy Australia Limited is an independent upstream oil and gas company domiciled in Australia, with exploration and production assets in the Sultanate of Oman. The company focuses on the acquisition, development and optimization of onshore petroleum concessions, applying modern reservoir management techniques and field development planning to enhance production performance.

Through its wholly-owned subsidiary, Sundance Energy (Oman) Limited, the company holds working interests in several onshore production-sharing contracts, including Blocks 4, 5 and 8.