Orlen S.A. (OTCMKTS:PSKOF – Get Free Report) shares dropped 12.5% on Friday . The stock traded as low as C$11.90 and last traded at C$11.90. Approximately 1,300 shares changed hands during mid-day trading, an increase of 123% from the average daily volume of 582 shares. The stock had previously closed at C$13.60.
Orlen Price Performance
The firm’s 50-day moving average price is C$14.99 and its two-hundred day moving average price is C$16.69.
About Orlen
Orlen SA operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources comprising solar photovoltaics, as well as natural gas; trading of electricity; exploration and extraction of mineral resources; exploration, production, and import of natural gas; and trading and storage of gas and liquid gas.
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