Spartan Delta (OTCMKTS:DALXF) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Spartan Delta Corp. (OTCMKTS:DALXFGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.91 and traded as low as $2.59. Spartan Delta shares last traded at $2.59, with a volume of 2,818 shares traded.

Spartan Delta Price Performance

The business’s fifty day simple moving average is $2.85 and its 200-day simple moving average is $2.91.

About Spartan Delta

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Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

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