Dno Asa (OTCMKTS:DTNOF) Stock Price Down 2.9% – Should You Sell?

Dno Asa (OTCMKTS:DTNOFGet Free Report) shares fell 2.9% during mid-day trading on Wednesday . The company traded as low as $2.0050 and last traded at $2.0050. 350 shares changed hands during trading, a decline of 96% from the average daily volume of 8,147 shares. The stock had previously closed at $2.0650.

Dno Asa Price Performance

The firm’s fifty day moving average price is $1.84 and its 200 day moving average price is $1.92.

About Dno Asa

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DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.

The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.

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