Greenfields Petroleum (CVE:GNF) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Greenfields Petroleum Co. (CVE:GNFGet Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.30. Greenfields Petroleum shares last traded at C$0.30, with a volume of 3,600 shares changing hands.

Greenfields Petroleum Stock Down 21.1 %

The firm has a 50-day moving average price of C$0.30 and a two-hundred day moving average price of C$0.30. The company has a market capitalization of C$651,600.00 and a price-to-earnings ratio of -0.02. The company has a debt-to-equity ratio of 64.88, a current ratio of 0.11 and a quick ratio of 0.09.

Greenfields Petroleum Company Profile

(Get Free Report)

Greenfields Petroleum Corporation, an oil and natural gas company, focuses on the development and production of proven oil and gas reserves primarily in the Republic of Azerbaijan. It holds interests in the Bahar project, which consists of the Bahar gas field, Gum Deniz oil field, and exploration area covering an area of approximately 76,500 acres of producing oil field and a gas field located in the shallow waters of the Caspian Sea.

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