Petrofac (OTCMKTS:POFCY) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Petrofac Limited (OTCMKTS:POFCYGet Free Report)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.06 and traded as low as $0.06. Petrofac shares last traded at $0.06, with a volume of 185,354 shares changing hands.

Petrofac Trading Up 1.7 %

The business has a 50-day moving average price of $0.06 and a 200 day moving average price of $0.08.

About Petrofac

(Get Free Report)

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).

Read More

Receive News & Ratings for Petrofac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrofac and related companies with MarketBeat.com's FREE daily email newsletter.