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Africa Oil (OTCMKTS:AOIFF) Trading Down 1.1% - Should You Sell?

Africa Oil logo with Oils/Energy background

Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report)'s stock price fell 1.1% on Thursday . The company traded as low as $1.33 and last traded at $1.33. 106,915 shares changed hands during trading, a decline of 8% from the average session volume of 115,730 shares. The stock had previously closed at $1.35.

Africa Oil Stock Performance

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 firm's fifty day simple moving average is $1.34 and its 200 day simple moving average is $1.52.

Africa Oil Company Profile

(Get Free Report)

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.

Further Reading

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