Santos (OTCMKTS:STOSF) Shares Pass Below 200-Day Moving Average – Should You Sell?

Shares of Santos Limited (OTCMKTS:STOSFGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.45 and traded as low as $3.53. Santos shares last traded at $3.53, with a volume of 251 shares trading hands.

Santos Stock Performance

The stock’s 50-day simple moving average is $4.23 and its two-hundred day simple moving average is $4.45.

About Santos

(Get Free Report)

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

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