Whitecap Resources (OTCMKTS:SPGYF) Stock Price Crosses Below Fifty Day Moving Average of $7.47

Whitecap Resources Inc. (OTCMKTS:SPGYFGet Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.47 and traded as low as $7.40. Whitecap Resources shares last traded at $7.44, with a volume of 651,963 shares.

Whitecap Resources Trading Up 1.9 %

The stock’s 50-day moving average is $7.47 and its two-hundred day moving average is $7.14.

Whitecap Resources Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.0442 per share. The ex-dividend date is Friday, June 28th. This represents a yield of 7.23%. Whitecap Resources’s dividend payout ratio (DPR) is presently 47.33%.

About Whitecap Resources

(Get Free Report)

Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.

Further Reading

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