Spartan Delta (OTCMKTS:DALXF) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Shares of Spartan Delta Corp. (OTCMKTS:DALXFGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.68 and traded as low as $2.67. Spartan Delta shares last traded at $2.71, with a volume of 10,050 shares changing hands.

Spartan Delta Trading Up 0.2 %

The firm has a 50-day simple moving average of $2.43 and a 200-day simple moving average of $2.67.

About Spartan Delta

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Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

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