Santos (OTCMKTS:STOSF) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Santos Limited (OTCMKTS:STOSFGet Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.67 and traded as low as $4.18. Santos shares last traded at $4.18, with a volume of 85,468 shares changing hands.

Santos Price Performance

The business’s 50-day simple moving average is $4.33 and its two-hundred day simple moving average is $4.67.

About Santos

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Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

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