Eco Atlantic Oil & Gas (CVE:EOG) Reaches New 12-Month Low – Should You Sell?

Eco Atlantic Oil & Gas Ltd (CVE:EOGGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 321220 shares. The stock had previously closed at C$0.14.

Eco Atlantic Oil & Gas Stock Up 3.6 %

The business’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.18. The company has a market capitalization of C$33.04 million, a PE ratio of -1.74 and a beta of 1.93.

About Eco Atlantic Oil & Gas

(Get Free Report)

Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.

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