SOCO International plc (OTCMKTS:SOCLF)’s share price dropped 0.6% on Friday . The company traded as low as $0.79 and last traded at $0.79, approximately 4,500 shares were traded during mid-day trading. The stock had previously closed at $0.79.
Separately, Zacks Investment Research upgraded SOCO International from a “sell” rating to a “buy” rating and set a $1.00 target price for the company in a research report on Tuesday, September 17th.
The business’s 50 day simple moving average is $0.79 and its two-hundred day simple moving average is $0.84.
SOCO International plc engages in the exploration, development, and production of oil and gas properties. It has exploration, development, and production interests in Vietnam; and exploration and appraisal interests in Congo (Brazzaville) and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.
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