Lundin Energy AB (publ) (OTCMKTS:LNEGY) Trading Up 2.3% – Time to Buy?

Lundin Energy AB (publ) (OTCMKTS:LNEGY) shares shot up 2.3% during trading on Friday . The stock traded as high as $42.50 and last traded at $42.50. 100 shares changed hands during trading, a decline of 90% from the average session volume of 1,032 shares. The stock had previously closed at $41.55.

Lundin Energy AB (publ) Stock Up 2.3 %

The stock has a fifty day simple moving average of $42.50 and a 200 day simple moving average of $42.50.

About Lundin Energy AB (publ)

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe.