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

Bow Energy Ltd., (CVE:ONGGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-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., Stock Up 11.1 %

The company’s 50 day moving average is C$0.20 and its 200 day moving average is C$0.20.

About Bow Energy Ltd.,

(Get Free Report)

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.

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