Aker BP ASA (OTCMKTS:DETNF) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Aker BP ASA (OTCMKTS:DETNFGet Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $21.43 and traded as low as $20.47. Aker BP ASA shares last traded at $20.53, with a volume of 1,166 shares changing hands.

Aker BP ASA Price Performance

The stock’s 50 day moving average price is $21.43 and its 200-day moving average price is $23.43.

Aker BP ASA Company Profile

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Aker BP ASA engages in the exploration, development and production of petroleum in Norway. The firm conducts its activities on the Norwegian Continental Shelf. It has balanced portfolio and is the operator of the Valhall, Ula, Ivar Aasen, Alvheim and Skarv field hubs. The company was founded in 2001 and is headquartered in Lysaker, Norway.

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