Santos (OTCMKTS:STOSF) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Shares of Santos Limited (OTCMKTS:STOSF) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.67 and traded as low as $4.18. Santos shares last traded at $4.18, with a volume of 85,468 shares traded.

Santos Stock Up 12.1 %

The stock has a 50 day moving average of $4.33 and a 200 day moving average of $4.67.

Santos Company Profile

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.