Bow Energy Ltd., (CVE:ONG) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Bow Energy Ltd., (CVE:ONGGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Bow Energy Ltd., Price Performance

The business has a 50-day simple moving average of C$0.20 and a 200-day simple moving average 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.

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