Free Trial

Africa Oil (OTCMKTS:AOIFF) Stock Price Passes Below 200 Day Moving Average - Here's What Happened

Africa Oil logo with Oils/Energy background

Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.39 and traded as low as $1.34. Africa Oil shares last traded at $1.35, with a volume of 76,621 shares.

Wall Street Analyst Weigh In

Separately, Barclays raised Africa Oil to a "strong-buy" rating in a report on Tuesday, January 21st.

View Our Latest Report on AOIFF

Africa Oil Stock Up 1.5 %

The firm has a market capitalization of $592.76 million, a PE ratio of -1.61 and a beta of 1.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 8.99 and a current ratio of 8.99. The firm's 50-day moving average is $1.35 and its 200 day moving average is $1.38.

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.

Featured Stories

Should You Invest $1,000 in Africa Oil Right Now?

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 "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2025 Cover

Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The EXACT Date of Next Stock Market Crash
HIMS Stock Up 120%! More Growth Ahead?
How to Find the BEST Penny Stocks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines