Petro Matad (OTCMKTS:PRTDF) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Petro Matad Limited (OTCMKTS:PRTDFGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.03 and traded as high as $0.05. Petro Matad shares last traded at $0.05, with a volume of 9,400 shares changing hands.

Petro Matad Price Performance

The firm has a 50-day simple moving average of $0.04 and a two-hundred day simple moving average of $0.03.

About Petro Matad

(Get Free Report)

Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 218 square kilometers in Mongolia.

Read More

Receive News & Ratings for Petro Matad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petro Matad and related companies with MarketBeat.com's FREE daily email newsletter.