Petrofac (OTCMKTS:POFCY) Share Price Passes Below 50 Day Moving Average – What’s Next?

Petrofac Limited (OTCMKTS:POFCYGet Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.05 and traded as low as $0.04. Petrofac shares last traded at $0.04, with a volume of 508,390 shares changing hands.

Petrofac Trading Down 4.0 %

The business has a fifty day moving average price of $0.05 and a 200-day moving average price of $0.07.

Petrofac Company Profile

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Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).

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