Bow Energy Ltd., (CVE:ONG) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Bow Energy Ltd., (CVE:ONGGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.20 and traded as low as C$0.20. Bow Energy Ltd., shares last traded at C$0.20, with a volume of 2,500 shares traded.

Bow Energy Ltd., Stock Performance

The business’s 50 day moving average price is C$0.20 and its 200 day moving average price is C$0.20.

About Bow Energy Ltd.,

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Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia.

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