Petrofac (OTCMKTS:POFCY) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Petrofac Limited (OTCMKTS:POFCYGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.04 and traded as high as $0.04. Petrofac shares last traded at $0.04, with a volume of 46,072 shares.

Petrofac Stock Performance

The business has a 50 day simple moving average of $0.04 and a 200-day simple moving average of $0.06.

Petrofac Company Profile

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Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).

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