Mayan Energy (LON:MYN) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Mayan Energy Ltd (LON:MYNGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.14 ($0.00) and traded as low as GBX 0.13 ($0.00). Mayan Energy shares last traded at GBX 0.14 ($0.00), with a volume of 16,096,226 shares changing hands.

Mayan Energy Trading Up 16.7 %

The stock has a market capitalization of £5.28 million and a PE ratio of -0.23. The company’s 50-day moving average is GBX 0.14 and its 200 day moving average is GBX 0.14.

About Mayan Energy

(Get Free Report)

Mayan Energy Limited engages in the development, production, and sale of hydrocarbons and related activities in the United States. The company holds interests in Forest Hills project situated in Wood County, Texas; Stockdale oil fields located in Wilson County, Texas; Zink Ranch and Mathis leases situated in Osage County, Oklahoma; and Shoats Creek field located in Louisiana.

Further Reading

Receive News & Ratings for Mayan Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mayan Energy and related companies with MarketBeat.com's FREE daily email newsletter.