Africa Oil (OTCMKTS:AOIFF) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Africa Oil Corp. (OTCMKTS:AOIFFGet Free Report)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.35 and traded as high as $1.47. Africa Oil shares last traded at $1.45, with a volume of 30,237 shares.

Africa Oil Trading Down 1.4 %

The company has a 50-day moving average price of $1.36 and a two-hundred day moving average price of $1.46. The stock has a market cap of $631.99 million, a P/E ratio of -1.70 and a beta of 1.00. The company has a current ratio of 8.99, a quick ratio of 8.99 and a debt-to-equity ratio of 0.01.

Africa Oil Company Profile

(Get Free Report)

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.

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