PrairieSky Royalty (OTCMKTS:PREKF) Shares Pass Above 50-Day Moving Average – Should You Sell?

Shares of PrairieSky Royalty Ltd. (OTCMKTS:PREKFGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.00 and traded as high as $20.87. PrairieSky Royalty shares last traded at $20.83, with a volume of 1,471 shares changing hands.

PrairieSky Royalty Trading Down 0.8 %

The firm has a 50-day moving average of $20.00 and a 200-day moving average of $19.71.

PrairieSky Royalty Company Profile

(Get Free Report)

PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.

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