PTT Exploration and Production Public (OTCMKTS:PEXNY) Shares Pass Below 200-Day Moving Average – Here’s Why

PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.04 and traded as low as $16.01. PTT Exploration and Production Public shares last traded at $16.01, with a volume of 203 shares traded.

PTT Exploration and Production Public Stock Down 3.8 %

The stock’s 50 day moving average is $16.63 and its 200 day moving average is $17.04.

PTT Exploration and Production Public Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 9th. Investors of record on Wednesday, August 14th were paid a $0.2356 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. PTT Exploration and Production Public’s payout ratio is 40.11%.

PTT Exploration and Production Public Company Profile

PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration and production of petroleum in Thailand and internationally. It is also involved in the gas pipeline transportation business; investment funding; and the provision of petroleum-related technology, human resource support, treasury center, technology, and solar power businesses, as well as renewable energy and related activities.