Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.57 and traded as low as $1.35. Africa Oil shares last traded at $1.40, with a volume of 117,082 shares trading hands.
Africa Oil Stock Down 2.1 %
The company's 50-day moving average price is $1.32 and its 200-day moving average price is $1.56. The firm has a market cap of $620.23 million, a price-to-earnings ratio of -1.67 and a beta of 1.00.
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.
Recommended Stories
Before you consider Africa Oil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Africa Oil wasn't on the list.
While Africa Oil currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.