Oil Search (OTCMKTS:OISHY) Shares Down 3.7% – Here’s Why

Shares of Oil Search Limited (OTCMKTS:OISHYGet Free Report) dropped 3.7% during trading on Friday . The stock traded as low as $14.05 and last traded at $14.13. Approximately 1,000 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 1,562 shares. The stock had previously closed at $14.67.

Oil Search Trading Down 3.7 %

The business’s 50-day simple moving average is $14.13 and its two-hundred day simple moving average is $14.13.

About Oil Search

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Oil Search Ltd. engages in the business of oil and gas exploration. It operates through the following segments: PNG Business Unit, Alaska Business Unit and Centre. The PNG Business Unit segment engages in the development, production and sale of liquefied natural gas, crude oil, condensate, naphtha and other refined products.

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