Sundance Energy Australia (OTCMKTS:SDCJF) Trading Up 200% – Still a Buy?

Sundance Energy Australia Ltd (OTCMKTS:SDCJFGet Free Report)’s stock price was up 200% during mid-day trading on Thursday . The stock traded as high as $0.15 and last traded at $0.15. Approximately 1,200 shares changed hands during mid-day trading, an increase of 1,363% from the average daily volume of 82 shares. The stock had previously closed at $0.05.

Sundance Energy Australia Trading Up 200.0 %

The firm’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.15. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.95.

About Sundance Energy Australia

(Get Free Report)

Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.

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