Africa Oil Corp. (OTCMKTS:AOIFF – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.35 and traded as high as $1.47. Africa Oil shares last traded at $1.45, with a volume of 30,237 shares traded.
Africa Oil Trading Up 0.7 %
The firm has a market cap of $640.83 million, a price-to-earnings ratio of -1.73 and a beta of 1.00. The company has a quick ratio of 8.99, a current ratio of 8.99 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average price of $1.35 and a 200-day moving average price of $1.47.
About Africa Oil
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.
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