Orlen (OTCMKTS:PSKOF) Shares Up 0.1% – Still a Buy?

Orlen S.A. (OTCMKTS:PSKOF – Get Free Report)’s stock price rose 0.1% during mid-day trading on Thursday. The company traded as high as C$39.10 and last traded at C$39.10. 125 shares were traded during trading, a decline of 65% from the average daily volume of 355 shares. The stock had previously closed at C$39.08.

Orlen Stock Performance

The stock has a 50 day simple moving average of C$39.08 and a 200 day simple moving average of C$37.08.

About Orlen

(Get Free Report)

ORLEN SA is a Poland-based, vertically integrated energy company engaged in the exploration, production, processing and distribution of hydrocarbons and energy products. Its operations include crude oil refining, petrochemical manufacturing, fuel wholesale and retail, natural gas activities, electricity generation and energy trading.

The company supplies gasoline, diesel, aviation fuel, heating products, lubricants and petrochemical products to consumers and industrial customers. ORLEN also operates a network of service stations and convenience retail outlets, while expanding into renewable energy, low-emission power generation, electric-vehicle charging and other energy-transition activities.

Headquartered in Płock, Poland, ORLEN serves markets primarily in Central and Northern Europe.

Further Reading

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