Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.35 and traded as low as $1.25. Africa Oil shares last traded at $1.27, with a volume of 162,179 shares traded.
Analyst Upgrades and Downgrades
Separately, Barclays upgraded shares of Africa Oil to a "strong-buy" rating in a report on Tuesday, January 21st.
Read Our Latest Stock Analysis on Africa Oil
Africa Oil Trading Down 1.3 %
The firm's 50-day moving average is $1.35 and its 200-day moving average is $1.35. The company has a current ratio of 8.99, a quick ratio of 8.99 and a debt-to-equity ratio of 0.01. The firm has a market cap of $550.29 million, a price-to-earnings ratio of -1.51 and a beta of 0.97.
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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