Gulf Keystone Petroleum (OTCMKTS:GUKYF) Stock Price Up 3.3% – Still a Buy?

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYFGet Free Report) was up 3.3% on Monday . The company traded as high as $2.53 and last traded at $2.53. Approximately 6,354 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 5,155 shares. The stock had previously closed at $2.45.

Gulf Keystone Petroleum Stock Performance

The company has a 50-day moving average of $2.03 and a 200-day moving average of $1.80.

About Gulf Keystone Petroleum

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Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.

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