Bow Energy Ltd., (CVE:ONG) Shares Cross Below 50 Day Moving Average – Should You Sell?

Bow Energy Ltd., (CVE:ONGGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.20 and traded as low as C$0.20. Bow Energy Ltd., shares last traded at C$0.20, with a volume of 2,500 shares trading hands.

Bow Energy Ltd., Price Performance

The firm has a 50-day moving average price of C$0.20 and a 200 day moving average price of C$0.20.

Bow Energy Ltd., Company Profile

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Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia.

Further Reading

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