Santos (OTCMKTS:STOSF) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Santos Limited (OTCMKTS:STOSFGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.45 and traded as low as $3.53. Santos shares last traded at $3.53, with a volume of 251 shares changing hands.

Santos Price Performance

The firm’s 50 day moving average is $4.20 and its 200-day moving average is $4.43.

Santos Company Profile

(Get Free Report)

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

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