Jericho Energy Ventures Inc. (OTCMKTS:JROOF – Get Free Report) shares shot up 42.4% during trading on Thursday . The stock traded as high as $0.2252 and last traded at $0.2034. 1,187,431 shares changed hands during trading, an increase of 1,455% from the average daily volume of 76,347 shares. The stock had previously closed at $0.1428.
Jericho Energy Ventures Stock Up 42.4%
The stock has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.07.
Jericho Energy Ventures Company Profile
Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.
Jericho’s business model combines private-equity style asset selection with hands-on operational management.
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