Athabasca Oil (OTCMKTS:ATHOF) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Athabasca Oil Co. (OTCMKTS:ATHOFGet Free Report)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.84 and traded as low as $3.67. Athabasca Oil shares last traded at $3.71, with a volume of 66,613 shares.

Athabasca Oil Trading Down 2.5 %

The business’s 50 day simple moving average is $3.84 and its 200 day simple moving average is $3.76.

About Athabasca Oil

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Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.

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