Shares of Santos Limited (OTCMKTS:STOSF – Get Free Report) dropped 4.3% during trading on Friday. The stock traded as low as $5.8590 and last traded at $5.8590. Approximately 387 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 7,758 shares. The stock had previously closed at $6.1250.
Santos Stock Performance
The company has a 50-day moving average of $5.96 and a 200-day moving average of $5.47.
About Santos
Santos Limited is an Australian energy company engaged in the exploration, development, production and processing of natural gas, liquefied natural gas (LNG), oil and related hydrocarbon products. The company supplies energy to domestic customers and international markets, with activities spanning upstream production, gas processing, pipeline infrastructure and LNG operations.
Founded in 1954 as the South Australian and Northern Territory Oil Search, Santos has developed major natural gas assets across Australia.
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