Orca Exploration Group (CVE:ORC.B) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Orca Exploration Group Inc (CVE:ORC.BGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$3.67 and traded as low as C$3.21. Orca Exploration Group shares last traded at C$3.21, with a volume of 2,025 shares trading hands.

Orca Exploration Group Stock Performance

The company has a market cap of C$63.56 million, a P/E ratio of -53.50 and a beta of 0.27. The company’s 50-day moving average is C$3.67 and its two-hundred day moving average is C$3.31. The company has a quick ratio of 1.80, a current ratio of 2.16 and a debt-to-equity ratio of 40.57.

Orca Exploration Group Company Profile

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Orca Exploration Group Inc explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania. The company principally holds interests in the Songo Songo natural gas field that includes two blocks covering an area of approximately 41,630 acres located to the south of Dar Es Salaam.

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