Eco (Atlantic) Oil & Gas (OTCMKTS:ECAOF) Trading Up 44.8% – Here’s Why

Shares of Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) shot up 44.8% on Tuesday . The company traded as high as $0.2869 and last traded at $0.2869. 318,461 shares changed hands during mid-day trading, an increase of 676% from the average session volume of 41,019 shares. The stock had previously closed at $0.1982.

Eco (Atlantic) Oil & Gas Price Performance

The business has a 50 day simple moving average of $0.11 and a two-hundred day simple moving average of $0.12.

Eco (Atlantic) Oil & Gas Company Profile

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.