Africa Oil (OTCMKTS:AOIFF) Stock Crosses Below 200 Day Moving Average of $1.82

Africa Oil Corp. (OTCMKTS:AOIFF) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.82 and traded as low as $1.78. Africa Oil shares last traded at $1.79, with a volume of 40,797 shares changing hands.

Africa Oil Stock Performance

The company has a market cap of $822.34 million, a P/E ratio of 9.94 and a beta of 1.04. The company has a fifty day moving average price of $1.70 and a two-hundred day moving average price of $1.82.

Africa Oil (OTCMKTS:AOIFF) last announced its quarterly earnings data on Monday, February 26th. The energy company reported ($0.20) earnings per share for the quarter.

Africa Oil Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were issued a dividend of $0.025 per share. This represents a yield of 3.18%. The ex-dividend date of this dividend was Thursday, March 7th. Africa Oil’s payout ratio is currently 27.78%.

Africa Oil Company Profile

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.