Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report) passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$0.79 and traded as low as C$0.76. Eco Atlantic Oil & Gas shares last traded at C$0.78, with a volume of 16,540 shares trading hands.
Eco Atlantic Oil & Gas Stock Performance
The firm has a 50 day moving average price of C$0.79 and a two-hundred day moving average price of C$0.91. The company has a market cap of C$286.81 million, a P/E ratio of -33.91 and a beta of -0.34.
About Eco Atlantic Oil & Gas
Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.
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