Bow Energy Ltd., (CVE:ONG) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Bow Energy Ltd., (CVE:ONGGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Bow Energy Ltd., Price Performance

The company has a 50-day moving average price of C$0.20 and a two-hundred day moving average price of C$0.20.

About Bow Energy Ltd.,

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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.

Further Reading

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