Eco (Atlantic) Oil & Gas (OTCMKTS:ECAOF) Shares Down 1.8% – Here’s Why

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) fell 1.8% during trading on Tuesday . The company traded as low as $0.12 and last traded at $0.13. 14,700 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 51,484 shares. The stock had previously closed at $0.13.

Eco (Atlantic) Oil & Gas Stock Down 1.8 %

The firm has a 50 day simple moving average of $0.14 and a two-hundred day simple moving average of $0.14.

Eco (Atlantic) Oil & Gas Company Profile

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.