Capricorn Energy (OTCMKTS:CRNCY) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.64 and traded as low as $5.60. Capricorn Energy shares last traded at $5.60, with a volume of 3,595 shares trading hands.

Capricorn Energy Stock Performance

The company’s 50 day moving average price is $5.64 and its 200-day moving average price is $5.45.

About Capricorn Energy

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Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

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