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
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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.
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