Petrofac (OTCMKTS:POFCF) Trading Down 12.9% – What’s Next?

Petrofac Limited (OTCMKTS:POFCFGet Free Report)’s share price was down 12.9% during trading on Wednesday . The stock traded as low as $0.13 and last traded at $0.13. Approximately 1,000 shares were traded during trading, a decline of 86% from the average daily volume of 6,970 shares. The stock had previously closed at $0.15.

Petrofac Stock Down 12.9 %

The business has a 50 day simple moving average of $0.17 and a two-hundred day simple moving average of $0.20.

Petrofac Company Profile

(Get Free Report)

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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